Vermont Awards $28M for 241 Affordable Units

Vermont just unlocked $28 million in tax credits to build 241 new affordable apartments across seven communities — a bold move as housing costs soar and homelessness climbs. Three major projects in Highgate, Winooski, and White River Junction alone will add 126 units, while four other developments in Arlington, St. Johnsbury, Grand Isle, and Burlington will preserve and upgrade existing housing with $1.9 million. With construction costs doubling since 2020, this funding is critical to meeting urgent demand and keeping Vermonters housed. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/59f2d8cc32f797fd