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Act 48 stakeholder meeting to be held on December 16

By: Mia Watson on 11/21/2019

In 2019, the Vermont Legislature passed Act 48, which included asking the State Treasurer to evaluate and report on options for funding and financing affordable housing in the state.  This report is due on January 15, 2020.

Act 48 instructs the Treasurer to coordinate with Vermont Housing Finance Agency (VHFA), Vermont Housing & Conservation Board (VHCB), Agency of Commerce and Community Development (DHCD) and the Vermont Affordable Housing Coalition (VAHC). The Treasurer has met with each of these stakeholders, as well as other groups, and has attended public hearings hosted around the state by the Senate Committee on Economic Development, Housing and General Affairs.

Prior to submitting the final report, Treasurer Beth Pearce will be holding a meeting of all stakeholders and other interested parties in the Treasurer’s Office to help develop the scope of the recommendations. This meeting will be held on Monday, December 16th, 2019 from 1:00-3:00 p.m. in Montpelier in the Governor’s Conference Room on the 4th floor of the Pavilion Building (109 State Street).

Please contact Ashlynn Doyon (Ashlynn.Doyon@vermont.gov) with questions and to RSVP in advance of the meeting.

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