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Nonprofits Tell Senate Panel VHCB Funding Spurs Housing, Historic‑preservation and Local Economy

Senate Economic Development, Housing & General Affairs · February 13, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Nonprofit witnesses urged the Senate Economic Development, Housing & General Affairs Committee to back the Vermont Housing & Conservation Board, describing VHCB‑funded projects that paired historic preservation and affordable housing and generated local economic activity.

Nonprofit leaders testifying at the Senate Economic Development, Housing & General Affairs hearing said investments by the Vermont Housing & Conservation Board (VHCB) have unlocked community projects that combine affordable housing, historic preservation and conservation.

"For the record, my name is Molly Dugan. I work at Cathedral Square," Molly Dugan told the committee, opening the panel of witnesses and asking lawmakers to support the governor's budget recommendation for VHCB funding. David Newell, president of the Prospect Mountain Association, described a 2018 VHCB grant that helped his nonprofit buy and operate the Prospect Mountain Nordic Trail Center in Woodford and said VHCB support has produced recurring economic benefits for Southern Vermont,…

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