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VT H0479
Bill
Status
5/22/2025
Primary Sponsor
General and Housing
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AI Summary
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Amends the Vermont Rental Housing Improvement Program to increase grant limits to $50,000 per unit (plus $20,000 for accessibility features), establishes a minimum 30% funding set-aside for five-year grants/forgivable loans serving households exiting homelessness or with disabilities, and creates a revolving fund for repaid loans
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Creates the Manufactured Home Improvement and Repair Program with grants up to $20,000 for park owners to prepare vacant lots and up to $15,000 for homeowners for foundations, site preparation, and utility connections
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Establishes the Vermont Infrastructure Sustainability Fund within the Vermont Bond Bank to provide low-interest loans to municipalities for expanding water, sewer, and transportation infrastructure that enables housing development
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Modifies municipal zoning appeals by expanding who qualifies as a "person aggrieved," requiring the Environmental Division to prioritize housing development appeals with a 90-day decision goal, and eliminating the 20-person petition provision for appeals involving affordable housing
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Appropriates $70.3 million total in fiscal year 2026, including $25 million to VHCB for affordable housing production, $20 million to VHFA for middle-income homeownership and rental housing programs, $15 million for the Infrastructure Sustainability Fund, and funds for workforce development and recovery residences
Legislative Description
An act relating to housing
Last Action
Rep. Mihaly of Calais moved to commit the bill to the Committee on General and Housing, which was agreed to
5/30/2025