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Senate committee adopts amendment to S.127 adding VHFA loan language and allowing UL 217 smoke alarms
Summary
The Senate Economic Development, Housing & General Affairs Committee approved an amendment to S.127 that adds language for the Vermont Housing Finance Agency’s revolving loan program and explicitly permits UL 217–compliant smoke alarms for new construction; the committee assigned members to report sections for the bill’s floor presentation.
Members of the Senate Economic Development, Housing & General Affairs Committee voted to approve an amendment to S.127 that adds language for the Vermont Housing Finance Agency’s (VHFA) revolving loan program and updates permitted smoke-alarm technology for new construction.
The amendment — circulated to committee members before the vote — adds language clarifying VHFA’s ability to charge an amount otherwise authorized by the agency in the context of its revolving loan program and includes a provision about rent increases tied to that authority. It also permits UL 217–compliant smoke alarms in addition to photoelectric alarms already…
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