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Sanders Announces $3 Million in National Housing Trust Funds for Vermont

Last week, Senator Bernie Sanders announced $3 million in new funds awarded to Vermont through the National Housing Trust Fund to be used for the creation, preservation, and rehabilitation of affordable housing. These funds provided a much needed. The National Housing Trust Fund was created in the wake of the 2008 financial crisis in order to support the creation of affordable housing nationwide, specifically targeting low income households with incomes below the national poverty line.

“Increasing the availability of affordable housing in Vermont has consistently been one of my top priorities,” Sanders said in a statement. “After more than 15 years of fighting for the National Housing Trust Fund, I am very pleased to see all 50 states receive funds to provide housing for people who are most in need.”

According to Gus Seelig, Executive Director of the Vermont Housing and Conservation Board, the funds will support 22 Vermont families thorugh the construction of more that 140 unites in Burlington, Brattleboro, Randolph, Rutland, Poultney, and Marshfield.

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