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ACCD asks legislature to make housing‑rehab program permanent, citing need to preserve affordable units
Summary
Agency of Commerce and Community Development leaders asked the House Commerce & Economic Development Committee to make the Vermont Housing Improvement Program (VHIP) permanent with a $4 million base funding request, saying ongoing funding is needed to retain staff and monitor more than 1,000 covenants tied to the program.
The Agency of Commerce and Community Development on Feb. 10 asked the Vermont House Committee on Commerce and Economic Development to approve $4 million in base funding for the Vermont Housing Improvement Program, or VHIP, a program officials say has helped return older, dilapidated units to the rental market.
"VHIP has actually made more out of the housing stock," Alex Farrell, commissioner of the Department of Housing and Community Development, told the committee, describing how the program helps owners convert large single‑family homes into multiple…
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