Pages tagged “Senate Economic Development Committee”
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Vermont Futures Project on Omnibus Housing Bill
The Senate Economic Development Committee heard from more experts on Friday regarding their Omnibus Housing Bill.
Key Takeaways:
- Permitting takes too long and is duplicative.
- The housing market is changing.
- Vermonters support expanding population and housing.
Written by Pat Mcdonald
February 10, 2023 -
Senate Omnibus Housing Bill - Feb 8th, 2023
The Senate Economic Development Committee heard from Maura Collins on Wednesday about Low-Income Housing Tax Credits (LIHTC) funds.
Key Takeaways:
- VHFA is proposing a revolving loan fund as a less-complex alternative to LIHTC.
- Employers from all industries are getting squeezed by the housing crisis.
- Construction costs have doubled since 2016.
Written by Pat Mcdonald
February 08, 2023