Vermont to get $3 million from federal housing legislation
BURLINGTON, VT. >> Low-income Vermonters who are having a hard time finding a place to live will be getting a boost thanks to a $3 million grant from the National Housing Trust Fund.
The Vermont money is part of a $174 million package being distributed nationally to build, preserve, and rehabilitate affordable rental housing.
U.S. Sen. Bernie Sanders included in the legislation a requirement that small states like Vermont get a minimum of $3 million.
The Vermont money will be used to acquire, build or preserve affordable rental housing for extremely low-income households. The decisions on how it will be spent will be made by the Vermont Housing and Conservation Board.
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