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Appropriations members discuss housing committee letter: proposed VHCB/VHFA funding and $2.8M for housing for adults with developmental disabilities
Summary
The committee reviewed a housing committee letter that proposes multi-million-dollar allocations and flagged the need to wait for the governor’s budget; members discussed $25M for VHCB/VHCP-related programs, $20M for VHFA programs and a $2.8M request for housing for adults with developmental disabilities.
The House Appropriations Committee reviewed a housing committee letter on Jan. 24 that outlines multiple requests for the Budget Adjustment Act and the upcoming governor’s budget. Committee members said the housing letter proposed a package that includes $25,000,000 for VHCP (noted as VHCP/VHCB pipeline support), $20,000,000 for Vermont Housing Finance Agency (VHFA) programs for middle-income homeownership and revolving loan support, and $2.8 million for housing projects serving adults with…
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