Vermont H0899 allows the Vermont Economic Development Authority to finance multiunit housing developments with lenders.
Vermont H0899 proposes authorizing the Vermont Economic Development Authority to jointly finance multiunit housing developments of five or more units with financing lenders. The bill specifies that the Authority should not finance developments that use funding from the Vermont Housing Finance Agency. The legislation aims to facilitate housing development through collaboration between the Authority and lenders, subject to consultation with the Housing Finance Agency.
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