Housing and Conservation Funded
VHCB investments in affordable housing and land conservation are a proven economic development strategy. As part of the Housing and Conservation Coalition, we are pleased lawmakers decided to invest over $11M into our communities through VHCB next year. The funding will be $6.1M from the property transfer tax plus $5M from the Capital Bill. While reduced from the FY09 level of $15M, this level is positive and will produce good results. Special thanks to Speaker Smith for his support of this key program.