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Evernorth asks Vermont committee for $45M boost, warns federal Buy-America rule could slow housing
Summary
Evernorth senior vice president Kathy Beyer told a House committee that the nonprofit network seeks $45 million in new state housing investment, urged keeping the 2020 energy code, and warned that Build America, Buy America requirements risk slowing or increasing the cost of affordable-housing projects.
Kathy Beyer, senior vice president at Evernorth, told the House committee on dental and housing on Jan. 13 that the housing nonprofit network is seeking $45,000,000 in new state investment for the 2027 budget and urged lawmakers to act to preserve recent progress on housing production.
Beyer said Evernorth has raised more than $1,600,000,000 in private equity over a 35‑year history to finance affordable housing in Maine, New Hampshire and Vermont, and that the organization celebrated five ribbon cuttings in 2025 that opened nearly 250 permanently affordable homes in partnership with groups such as Champlain Housing Trust and Downstreet.
The request for $45 million, Beyer said, is an advocacy priority of the state’s housing nonprofit network and is not currently included in the governor’s budget. “It comes from the housing nonprofit network around the state,” she said when asked whether the funding was in the governor’s proposal.
On construction costs, Beyer argued that policymakers…
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