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Scott Seeks New Affordable Housing Funds

From VT Digger: Phil Scott seeks a $35 million bond to allow the Vermont Housing and Conservation Board to build new homes for low-income and middle-income residents.

Jen Hollar, the policy director for the board, said some of the housing would be for families earning up to $84,000, and other housing would serve low-income, homeless and potentially homeless Vermonters.

Hollar said it is too early to tell how many housing units could be built with the $35 million, but she said the board would seek federal funding and leverage the state money to raise private capital.

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