May 28, 2021
With the passage of a $7.3 billion budget for the State of Vermont, the Vermont Legislature appropriated $190 million in one-time funding from both State and Federal resources to address a variety of housing needs for struggling Vermonters. This allocation included $150 million allocated to Vermont by Congress through the American Rescue Plan Act and other sources in response to the public health emergency caused by Covid-19.
Vermont, and especially Chittenden County, had a housing affordability crisis before the pandemic which was only exacerbated as thousands moved into motels and hotels as a public health measure. Coming out of this emergency requires significant investment, and the Champlain Housing Trust thanks lawmakers and the Governor for prioritizing housing with the largest — by far — allocation of resources for affordable housing development and supports in Vermont’s history.
For more information, email Chris Donnelly.