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Rep. Brian Sheena introduces bill to create Land Access and Opportunity Revolving Fund
Summary
On April 2 the House Committee on General and Housing received the introduction of H.445, a bill sponsored by Rep. Brian Sheena to create a Land Access and Opportunity Revolving Fund funded by an optional income tax surcharge and directed at community-led affordable housing development, renovation and supportive infrastructure.
BURLINGTON — On Wednesday, April 2, the House Committee on General and Housing heard the introduction of H.445, “An act relating to creating the Land Access and Opportunity Revolving Fund,” presented by Representative Brian Sheena of Burlington.
Sheena told the committee the bill is intended to “support the human right of housing and to promote public health and community safety during recovery from the COVID‑19 pandemic, the polysubstance pandemic, and climate disasters by preserving affordable housing and creating new social and economic opportunities for the development [and] maintenance of sustainable, resilient, and affordable housing infrastructure.”
The bill as drafted would create a dedicated fund that Sheena said could be seeded by an income‑tax…
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