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VT S0328
Bill
Status
1/30/2026
Primary Sponsor
Economic Development, Housing and General Affairs
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AI Summary
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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
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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
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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
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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
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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