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Housing nonprofits describe pipeline, urge full VHCB statutory funding
Summary
Elizabeth Bridgewater, executive director of the Windham & Windsor Housing Trust, and housing nonprofit leaders told the Senate Committee on Institutions on Feb. 14 that VHCB grants are vital to deliver affordable housing, remediate brownfields, and support exits from homelessness across Vermont.
Elizabeth Bridgewater, executive director of the Windham & Windsor Housing Trust, and housing nonprofit leaders from northern and rural Vermont told the Senate Committee on Institutions on Feb. 14 that grants from the Vermont Housing and Conservation Board are vital for affordable-housing projects across the state and asked the committee to support the governor’s recommended statutory VHCB appropriation of $36,900,000.
Bridgewater outlined the Windham & Windsor Housing Trust’s portfolio and pipeline and said VHCB funds both new construction and rehabilitation that local organizations could not accomplish on their own. She said the trust owns and stewards 887 affordable apartments, 42 mobile-home lots, 16 commercial units and 45 shared-equity homes; recent projects created hundreds of units statewide since 2020, and the trust’s pipeline includes projects…
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