Vermont Chamber Secures Funding for Key Priorities in Budget Adjustment
Following deliberations by a committee of conference, the Budget Adjustment Act was passed by the legislature and included funding for several economic growth initiatives advocated for by the Vermont Chamber, including middle-income housing development, employment resources for New Americans, broadband buildout, and rural infrastructure.
The Budget Adjustment Act included:
- $550,000 – State Refugee Office to implement Employment Assistance Grants
- $3 million – Rural infrastructure investments
- $5 million – Vermont Housing Incentive Program
- $9 million – Missing Middle-Income Homeownership Development Pilot Program
- $30 million – Vermont Community Broadband Board for state match to an NTIA federal grant that the Vermont Chamber
- $95 million – Vermont Community Broadband Board to expand internet access