Housing and Conservation Board Funding
VHCB will be level funded from last year at $6.1 million in state funding – dramatically less than the $15 million in state money only two years ago. Due to various federal matching requirements, this leaves $4 million in federal funds in limbo. The Governor has also suggested studying a redesign of state affordable housing agencies and called on the Commissioner of Economic Development, Housing and Community Affairs, Tayt Brooks, to convene interested stakeholders to look into these opportunities. Unlike last year, the Governor did not call for a time out on VHCB conservation investments. Here are the Budget Address and Administration Budget Summary Document sections relating to VHCB.