Establishes the Vermont Land Access and Opportunity Revolving Fund to support affordable housing and community development.

The bill creates the Vermont Land Access and Opportunity Revolving Fund to support affordable housing and community development. The fund will be administered by the Vermont Land Access and Opportunity Board, which will prioritize projects that create self-sufficient neighborhoods, develop sustainable infrastructure, and support historically marginalized or disadvantaged communities. The fund will be financed by a one and one-half percent income tax surcharge on income over $500,000, which will be repealed in 2031.

Establishes the Vermont Land Access and Opportunity Revolving Fund to support affordable housing and community development.

The bill creates the Vermont Land Access and Opportunity Revolving Fund to support affordable housing and community development. The fund will be administered by the Vermont Land Access and Opportunity Board, which will prioritize projects that create self-sufficient neighborhoods, develop sustainable infrastructure, and support historically marginalized or disadvantaged communities. The fund will be financed by a one and one-half percent income tax surcharge on income over $500,000, which will be repealed in 2031.