October Newsletter: A Room Full of People
We (Ben and I) attended an event last week hosted by Let's Build Homes. The room was full of different voices, including banks, local businesses, developers, chambers of commerce, statewide politicians, utility companies, local broadcasters, and nonprofits. It was a coalition of people and organizations that recognized the dire need for housing in our state. In a little under a year, this coalition has already changed the housing landscape in Vermont by passing the historic CHIP bill. But, there is more work to do. Regulatory changes are needed to guarantee predictability for developers and unlock private investment from out of state that is sorely needed in order to truly grow and modernize our housing stock. We also need to find innovative ways to bring down the cost of construction for "affordable" state subsidized housing units. We need to cut the $500 per square foot cost of construction in half. In our 2025 research priorities, we are looking at one way of pursuing that.





