An act relating to long-term housing solutions

This bill directs approximately $900 million in state funding over nine years to address Vermont's housing shortage by supporting a range of programs for low-income, middle-income, and vulnerable residents including those experiencing homelessness, with disabilities, or facing eviction. The legislation establishes new programs to provide grants and forgivable loans to landlords for rehabilitating rental units, with requirements that properties remain affordable and cannot be used for short-term rentals during the funding period. It also creates a priority allocation system that balances affordable housing goals with the conservation of agricultural and natural lands, while expanding support for emergency shelter, permanent supportive housing, and manufactured home communities. The bill requires landlords receiving funding to contribute matching funds and mandates public transparency through quarterly reporting of grant recipients and affordability terms.