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§ 325m. Rural Economic Development Initiative

§ 325m. Rural Economic Development Initiative (a) Definitions. As used in this subchapter: (1) “Rural area” means a county of the State designated as “rural” or “mostly rural” by the U.S. Census Bureau in its most recent decennial census. (2) “Small town” means a town in the State with a population of less than 5,000 […]

§ 325t. Definitions

§ 325t. Definitions As used in this subchapter: (1) “Board” means the Vermont Land Access and Opportunity Board. (2) “Historically marginalized or disadvantaged community” means a community that has historically suffered from discrimination and has not had equal access to public or private economic benefits due to the race, ethnicity, gender, geography, language preference, immigrant […]

§ 325u. Vermont Land Access and Opportunity Board

§ 325u. Vermont Land Access and Opportunity Board (a) Creation. There is created the Vermont Land Access and Opportunity Board to promote improvements in access to woodlands, farmland, and land and home ownership for Vermonters from historically marginalized or disadvantaged communities who continue to face barriers to land and home ownership. The Board shall be […]

§ 325v. Acceptance of grants and contributions

§ 325v. Acceptance of grants and contributions The Board may accept from any governmental department or agency, public or private body, or any other source, grants or contributions to be used in carrying out the provisions of this subchapter. (Added 2021, No. 182 (Adj. Sess.), § 22b, eff. July 1, 2022.)

§ 325a. Conservation easement review appraisals

§ 325a. Conservation easement review appraisals The Vermont Housing and Conservation Board shall ensure on a periodic basis that review appraisals are conducted of conservation easements proposed to be acquired pursuant to this chapter. (Added 1995, No. 185 (Adj. Sess.), § 14a, eff. May 22, 1996.)

§ 325b. State of Vermont executory interest in easements

§ 325b. State of Vermont executory interest in easements (a) As used in this section: (1) “Qualified organization” shall have the same meaning as in section 6301a of this title; and (2) “State agency” shall have the same meaning as in section 6301a of this title. (b) The Agency of Agriculture, Food and Markets may […]

§ 303. Definitions

§ 303. Definitions As used in this chapter: (1) “Board” means the Vermont Housing and Conservation Board established by this chapter. (2) “Fund” means the Vermont Housing and Conservation Trust Fund established by this chapter. (3) “Eligible activity” means any activity which will carry out either or both of the dual purposes of creating affordable […]

§ 311. Establishment and Organization

§ 311. Establishment and Organization (a) There is created and established a body politic and corporate to be known as the “Vermont Housing and Conservation Board” to carry out the provisions of this chapter. The Board is constituted a public instrumentality exercising public and essential governmental functions, and the exercise by the Board of the […]

§ 312. Creation of Vermont Housing and Conservation Trust Fund

§ 312. Creation of Vermont Housing and Conservation Trust Fund There is created a special fund in the State Treasury to be known as the “Vermont Housing and Conservation Trust Fund.” The Fund shall be administered by the Board and expenditures therefrom shall only be made to implement and effectuate the policies and purposes of […]

§ 313. Expenditure of bond proceeds

§ 313. Expenditure of bond proceeds Any proceeds of State bonds issued in support of activities under this chapter shall be used exclusively for the funding of long-term, tangible capital investments and those capital expenses allowed under federal laws governing the use of State bond proceeds as determined with the guidance of the State of […]