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S.127 creates Vermont Infrastructure Sustainability Fund to back municipal infrastructure for housing
Summary
S.127 would establish an Infrastructure Sustainability Fund at the bond bank to provide low‑interest loans or bonds to municipalities for water, wastewater, transportation and related infrastructure directly linked to housing production; S.127 includes application criteria and sets up the fund as a revolving loan vehicle.
Committee staff told the House General & Housing Committee on April 3 that S.127 proposes a Vermont Infrastructure Sustainability Fund administered by the bond bank in coordination with the Department of Housing and Community Development.
Cameron Wood said the fund would provide low‑interest loans or bonds to municipalities to expand infrastructure capacity tied to housing projects. Eligible activities listed in the bill include…
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