Vermont affordable housing advocates, including VHFA Executive Director Sarah Carpenter, are testifying to the House Ways and Means Committee today.
The subject is the House tax expenditure budget bill, which proposes to eliminate the state Affordable Housing Tax Credit, along with the Charitable Housing Tax Credit and Mobile Home Park Sale Credit.
Federal housing credits have been responsible for most of the affordable housing development in the nation, including Vermont, since Congress created the program in 1987.