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ACCD and DHCD present housing data, targets and 'Homes for All' toolkit ahead of omnibus bill
Summary
Agency leaders told senators the state will publish housing targets and a housing dashboard this week and previewed a housing "omnibus" package; officials highlighted affordability statistics, limits in current programs and demand for funding such as VHIP and repair programs.
Agency leaders told the Senate Economic Development, Housing & General Affairs Committee on Jan. 17 that Vermont faces a significant affordability gap and previewed an imminent set of analytic releases and policy steps aimed at increasing housing supply.
Commissioner Alex Farrell of the Department of Housing and Community Development said the department "will be publishing our housing targets, which is an annex to the housing needs assessment" on Monday, and that the state will also launch a new housing-in-Vermont dashboard to track production and needs.
Why it matters: Committee members were shown data the agencies say illustrate the gap between household earnings and home prices, a mismatch the agencies framed as a constraint on workforce recruitment and retention.
Key figures presented
- Demographics and earnings: Kurley and Goldstein cited Vermont Department of Taxes W-2 data showing about 66% of Vermonters earned $50,000 or less in 2023; roughly a quarter earned between $50,000…
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