Rising rental prices in Vermont have prompted the federal government to consider providing more assistance to housing voucher recipients throughout Vermont, particularly in the Burlington metro area, where two-bedroom apartment rents increased by 16.84% over the past year. The increase in "fair market" rent rates, calculated by the U.S. Department of Housing and Urban Development, exceeded 10% for all Vermont counties in the last federal fiscal year. This recognition of higher rental costs should help more Vermont renters find suitable housing in the very competitive rental market.
For more information on this story check out the article “Housing Vouchers Will Go Further as Federal Government Takes Note of Vermont’s Costly Rental Market” on the VTdigger.org website.
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