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VHCB tells Corrections committee the governor's $2.8M capital request funds lasting housing and conservation benefits
Summary
Vermont Housing & Conservation Board (VHCB) told the House Corrections and Institutions Committee the governor's proposed $2,800,000 capital adjustment would support permanently affordable housing, land conservation and water-quality projects that leverage federal and private matches.
The House Corrections and Institutions Committee on Feb. 17 heard a presentation from the Vermont Housing & Conservation Board on the governor's proposed $2,800,000 capital adjustment to support housing and conservation projects.
Gus Seeley, executive director of the Vermont Housing & Conservation Board (VHCB), told the committee the agency seeks capital funding because investments in conservation and permanently affordable housing create benefits that persist after bonds are repaid. Seeley said VHCB "support[s] the governor's recommend here," and explained the agency's projects often combine housing and conservation goals, citing a Putney development that…
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