Vermont Business Magazine At its March meeting, the Vermont Housing & Conservation Board (VHCB) approved funding for the conservation of natural and agricultural land and affordable housing projects around the state, as well as one historic restoration project. $1,241,500 was approved to support the conservation of 533 acres, and $2,281,178 for the creation of 6 new affordable homeownership units and 36 new multi-family rental homes. The Board also voted to invest $110,00 million in a historic preservation project.
SUMMARY OF AWARDS:
Addison County:
$400,000 for the conservation of 176 acres in Addison.
$435,000 for the conservation of 170 acres in Weybridge.
Chittenden County:
$690,000 for the development of six affordable new townhouses for homeownership in Hinesburg.
$1,591,178 for the new construction of a multi-family development in Hinesburg. This project will create 36 new apartments, 3 of which will serve households experiencing homelessness.
Lamoille County: $110,000 for the restoration and rehabilitation of the historic Wolcott School House to serve as the new home for the town’s library and historical society.
Orange County: $406,500 for the conservation of 187 acres in Williamstown, including 8 acres of wetlands.
About the Vermont Housing & Conservation Board (VHCB)
VHCB invests in the construction of permanently affordable housing and land conservation strategies that work together to ensure equity, resilience, vitality, and quality of life for Vermont communities in perpetuity.
Source: 3.21.2025. Montpelier, Vt – Vermont Housing & Conservation Board
To support vital journalism, access our archives and get unique features like our award-winning profiles, Book of Lists & Business-to-Business Directory, subscribe HERE!
