Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Vermont officials cite aging housing stock, $700 million in recent investments and new tools to track production
Summary
DHCD deputy commissioner reviewed state housing data, noting about 25% of Vermont housing predates 1940, an estimated 500–600 units fall out of service annually, and roughly $700 million has been invested in housing since the pandemic; the department has launched programs and a near-real-time dashboard to track building activity.
Deputy Commissioner Nate Bora Larry of the Department of Housing and Community Development told the Natural Resources & Energy Committee on Jan. 28 that Vermont is contending with an older housing stock and a slow recovery in housing production despite substantial recent investment. "We have one of the oldest housing stocks in the country with 25% of our housing built before 1940," he said, adding that the state estimates "around 500 or 600 units are falling into disrepair or offline each year."
Bora Larry credited federal pandemic-era funding with enabling innovation and program creation. "Since the pandemic started we've invested $700,000,000 in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
