Connecting Burlington Residents to Local Capital Projects

Vermont has often been a trend-setter when it comes to advancing progressive agendas. In the realm of public finance, the state is no different. Since 1996, Vermont has been selling lower denomination Citizen Bonds, available only to Vermont residents, in denominations as low as $1,000. In 2015, Vermont sold $28.52 million in Green Bonds, marking the first time that the state targeted investors with socially responsible investment objectives in order to fund projects that benefit environmental and/or climate initiatives. Working with Neighborly, the city of Burlington, Vermont joined this state tradition of using lower bond denominations to develop deeper connections between residents and their community’s financing programs.
James McIntyreConnecting Burlington Residents to Local Capital Projects

How to Fund the Future of Affordable Housing

As rents continue to rise in American cities, more and more individuals and families are “rent burdened”, spending over 30% of their monthly income on rent and utilities. According to a March 2016 report by New York University’s Furman Center for Real Estate and Urban Policy, a majority of renters in eight of the 11 largest U.S. cities, including San Francisco and New York, qualify as rent-burdened. So what can we do to make housing more affordable?
James McIntyreHow to Fund the Future of Affordable Housing