Establishes workforce housing zones to advance housing and climate goals in Vermont.

The bill creates a revolving fund at the Vermont Housing Finance Agency to incentivize low-cost, climate-friendly modular housing. It designates workforce housing zones, which include areas near job centers and census tracts with specific job counts. These zones receive benefits similar to neighborhood development areas but with adjusted thresholds for housing projects and subdivisions. The bill also prioritizes funding for public water and wastewater systems in these zones and mandates a study on the proximity and feasibility of expanding or upgrading existing systems.

Establishes workforce housing zones to advance housing and climate goals in Vermont.

The bill creates a revolving fund at the Vermont Housing Finance Agency to incentivize low-cost, climate-friendly modular housing. It designates workforce housing zones, which include areas near job centers and census tracts with specific job counts. These zones receive benefits similar to neighborhood development areas but with adjusted thresholds for housing projects and subdivisions. The bill also prioritizes funding for public water and wastewater systems in these zones and mandates a study on the proximity and feasibility of expanding or upgrading existing systems.