Title 10: Conservation and Development Chapter 15: VERMONT HOUSING AND CONSERVATION TRUST FUND § 302. Policy, fjndings, and purpose (a) The dual goals of creating affordable housing for Vermonters, and conserving and protecting Vermont’s agricultural land, forestland, histor - ic properties, important natural areas, and recreational lands are of pri - mary importance to the economic vitality and quality of life of the State. (b) In the best interests of all of its citizens and in order to improve the quality of life for Vermonters and to maintain for the benefjt of future generations the essential characteristics of the Vermont countryside, and to support farm, forest, and related enterprises, Vermont should encourage and assist in creating affordable housing and in preserving the State’s agricultural land, forestland, historic properties, important natural areas and recreational lands, and in keeping conserved agricul - tural land in production and affordable for future generations of farmers.
Results: FY 2013 and FY 2014 2013 2014 274 affordable housing units 261 affordable housing units 27 farms; 4,041 acres 25 farms; 2,798 acres 7 natural area projects; 10 natural area projects; 1,875 acres 3,166 acres 2 historic projects 2 historic projects State Investment: State Investment: $9.64 M; 60M leverage $9.9M; $55M leverage
Economic Impact of VHCB Investments: Total Project Costs; Jobs Created On-site and Off-site; Projected Ripple Effect Housing Vermont Projects Completed in 2012-2013 Hard Additional Total Number VHCB State Construction Project Location Economic Economic Jobs of Units Funds Only Costs (Excludes Impact Impact A & E) City Neighborhoods Burlington & Winooski 40 $1,086,972 $3,909,719 $7,702,146 $11,611,865 137 Wharf Lane Burlington 37 725,000 3,610,550 7,112,784 10,723,334 127 Roaring Branch Apartments Bennington 26 508,536 4,261,418 8,394,993 12,656,411 150 Canal & Main Apartments Brattleboro 24 485,000 3,799,677 7,485,364 11,285,041 133 Windsor Village Windsor 77 5,000 4,770,446 9,397,779 14,168,225 167 Avenue Apartments Burlington 33 600,000 5,391,512 10,621,278 16,012,789 189 Vergennes Senior Housing Vergennes 25 216,000 4,426,177 8,719,569 13,145,746 155 Lakebridge Apartments Newport 21 706,267 3,675,248 7,240,239 10,915,487 129 2012 Subtotal 283 4,332,775 33,844,747 66,674,151 100,518,897 1,188 Algiers Family Housing Guilford 17 425,000 $3,322,353 $6,545,035 $9,867,388 117 Hickory Street Apartments, Phase 2 Rutland 23 100,000 5,013,121 9,875,848 14,888,969 176 Lamoille View Housing Morrisville 25 490,000 1,453,641 2,863,673 4,317,314 51 West River Valley Assisted Living, Phase 2 Townshend 12 100,000 1,908,065 3,758,888 5,666,953 67 2013 Subtotal 77 1,115,000 11,697,180 23,043,445 34,740,624 411 TOTAL 360 $5,447,775 $45,541,926 $89,717,595 $135,259,522 1,599 According ¡to ¡the ¡U.S. ¡Bureau ¡of ¡Labor ¡Statistics, ¡every ¡$1 ¡million ¡invested ¡in ¡housing ¡rehabilitation ¡creates ¡14.1 ¡on-‑site ¡jobs, ¡ 21.1 off site jobs and 25.4 ripple effect jobs
Impact of 2014 VHCB Farm Conservation Investments • $2.25 million in VHCB funding leveraged $3.57 million in NRCS/FRPP and $2 million in private funds • 25 projects conserved 2,800 acres • 13 projects facilitated transfers (just over half) • 8 of the transfers are to new farmers (buying their fjrst farm) • 70% of the soils conserved are prime or statewide • 12 out of 25 include river frontage and/or fmoodplain – and 9 of these in - clude water quality protection • Economic impact of 20 farms conserved in 2014: • together the farms generate $7.5 million in total gross income • ($376,000 average; range of $16,000 to $1.4 M) • 135 jobs (including owner/operators); 83 are part-time or seasonal Range of 1 part-time to 60 (10 full-time and 50 seasonal) jobs
Dismas House in Hartford, a nine–bedroom, three-bath home being rehabilitated for men and women transitioning from prison to new lives.
Mandala House in Rutland, developed by the Vermont Achievement Center, provides women transitioning from prison to safe, stable housing.
Phoenix House in Barre, developed by the Central Vermont Mandala House in Rutland, developed by the Vermont Achievement Community Land Trust. Housing and support services for individuals with substance abuse issues. Center, provides women transitioning from prison to safe, stable housing.
After Mike lost one of his part time jobs and his wife Julie lost her job, the Sweeney family was homeless until CHT was able to place them at a new emergency housing facility, Harbor Place. With the help of a case- worker and CHT’s credit counseling, they were able to move into a CHT apartment in Winooski they can afford.
Alex Wylie Career Highlights: • 20-year career at VLT during which VLT conserved 750 farms and 190,000 acres of farmland • Managed VLT’s farm project develop - ment, managing landowner relations, assisting with stewardship decisions, and helping to lead VLT’s Farmland Access Program. Alex Wylie • Alex assisted in developing state policy Agricultural Director, around farmland conservation. Vermont Land Trust (retired 2012) • Before working for the Vermont Land Trust, Alex owned and operated a Community Catalyst 120-cow dairy farm in Leicester. Award
On Grand Isle, the South Hero Land Trust and the Vermont Land Trust worked with new owners Bob Fireovid, Joan Falcao, Eric and Hannah Noel to conserve 178 acres where the families are starting a grass-fed beef and organic vegetable farm. The Noels enrolled in VFFVP.
Beth Whiting and Bruce Hennessey operate Maple Wind Farm, raising livestock, poultry, organic vegetables and making syrup. In 2013 they conserved their home farm in Huntington and purchased and conserved land in Richmond. VFFVP participants.
VLT conserved 102 acres at Orb Weaver Farm in Monkton, one of the fjrst farmstead cheese operations in the state. With a small herd of Jer - seys, the farm produces 7,000 pounds of cheese annually and markets organic vegetables. Farm & Forest Viability Program participants.
Elisabeth has led the Housing Trust of Rutland County for more than 20 years during which time she has taken on extraordinarily tough com - munity development challenges with optimism, perseverance and ultimate - ly, success. The results of that work, undertaken with a committed board, talented staff, and partners, are vis - ible throughout Rutland County, and Elisabeth Kulas include buildings like the Tuttle Block Executive Director, Housing Trust of Rutland County in Rutland, the Erastus Thayer House in Brandon, the Adams House in Fair Community Catalyst Award Haven and the Stanislaus School and convent in West Rutland.
What once served as an administration building at the former Brandon Training School has been reconfjgured by the Housing Trust of Rutland County to create 27 family rentals.
The vacant, historic Watkins School in Rutland. The Housing Trust of Rutland County will reconfjgure and construct a building to create 14 senior apartments.
At the corner of Union and Barlow Streets in Brandon, the Housing Trust of Rutland County rehabiliated an apartment building, removed 7 vacant mobile homes, demolished deteriorated buildings and construct - ed two new buildings to create 12 affordable rentals.
Paul helped to start the Preservation Trust of Vermont and in 1980 he was hired as executive director. Since that time, PTV has provided assistance with nearly 2,000 historic preservation projects around the state, supporting local groups in their efforts, organiz - ing professional education and ad - ministering grant funds. In 2010, PTV received an award for organizational Paul Bruhn excellence from the National Trust for Executive Director, Historic Preservation. Preservation Trust of Vermont Community Stewardship Award
Marble Museum in Proctor, to be purchased by the Preservation Trust of Vermont and developed as an educational center and tourist desti - nation for the history of the marble industry and the study of geology.
In Guildford (Village of Algiers), the Preservation Trust of Vermont used VHCB funding to acquire, preserve and rehabilitate the Country Store, an important public meeting place in this small village.
The Windham & Windsor Housing Trust and Housing Vermont used VHCB funding to rehabilitate and construct new housing in the Village of Algiers as part of a community development project that also in - cluded acquisition and preservation of the Village store.
Since 1991, Brenda has served as the executive director of the Champlain Housing Trust, the largest community land trust in the country. CHT owns or manages 1,500 apartments, stew - ards 485 owner-occupied homes in its signature shared-equity program, provides services to fjve housing co - operatives, and offers affordable en - ergy effjciency and rehab loans. CHT community development work gener - ates jobs and stimulates the economy. Brenda Torpy In 2008, CHT won the United Nations CEO Champlain Housing Trust World Habitat Award, recognizing its innovative, sustainable programs. Mollie Beattie Award
Harrington Village in Shelburne - a new neighborhood with 82 homes for seniors, individuals and families. Includes conserved land along the LaPlatte River.
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