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VT S0328

Bill

Status

Introduced

1/30/2026

Primary Sponsor

Economic Development, Housing and General Affairs

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Municipal plans must include analysis of housing targets, identify regulatory and physical constraints to housing development, inventory available sites, and document progress toward meeting projected housing needs over a 20-year planning period

  • Down Payment Assistance Program tax credits extended from fiscal year 2026 to fiscal year 2031, with the Vermont Housing Finance Agency authorized to allocate up to $250,000 in annual first-year credit allocations for first-time homebuyer loans

  • Mobile home park lot rent increases capped at no more than one percentage point above the U.S. Consumer Price Index for Urban Consumers Housing Component annually

  • Common interest communities prohibited from restricting unit owners from leasing units for residential purposes, operating family child care homes, or installing electric vehicle charging equipment in their units or designated parking spaces

  • Appropriates $8.25 million from the General Fund in FY2027: $250,000 for municipal planning grants, $5 million for the Vermont Rental Housing Improvement Program, and $3 million to Vermont Housing and Conservation Board for permanently affordable housing for individuals with developmental disabilities

Legislative Description

An act relating to housing and common interest communities

Last Action

Favorable report with recommendation of amendment by Committee on Economic Development, Housing and General Affairs

3/17/2026

Committee Referrals

Economic Development, Housing and General Affairs2/3/2026

Full Bill Text

No bill text available