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VHCB briefs committee on housing investments as ARPA funding winds down, requests a $37M transfer‑tax allocation
Summary
Vermont Housing and Conservation Board staff told a legislative committee Jan. 30 that the governor's transfer‑tax allocation request for VHCB is slightly over $37 million, noted ARPA one‑time funds have been spent on capital projects and described how VHCB leverages those dollars to support housing and recovery residences.
Gus Sealy, executive director of the Vermont Housing and Conservation Board, told a legislative committee on Jan. 30 that VHCB’s governor-requested transfer-tax allocation is ‘‘a little over $37,000,000’’ and described how the agency leverages those state dollars with federal grants and private funding to support housing and related projects.
Sealy said much of VHCB’s recent housing push used…
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