Title 10, Title 10: Conservation and Development

§ 312. Creation of Vermont Housing and Conservation Trust Fund There is created a special fund in the State Treasury to be known as the “Vermont Housing and Conservation Trust Fund.” The Fund shall be administered by the Board and expenditures therefrom shall only be made to impl…

§ 313. Expenditure of bond proceeds Any proceeds of State bonds issued in support of activities under this chapter shall be used exclusively for the funding of long-term, tangible capital investments and those capital expenses allowed under federal laws governing the use of State…

[Section 314 repealed on July 1, 2039.] § 314. Affordable housing bond; investment The Vermont Housing and Conservation Board shall use the proceeds of bonds, notes, and other obligations issued by the Vermont Housing Finance Agency pursuant to subdivision 621(22) of this title a…

§ 321. General powers and duties (a) The Board shall have all the powers necessary and convenient to carry out and effectuate the purposes and provisions of this chapter, including those general powers provided to a business corporation by Title 11A and those general powers provi…

§ 322. Allocation system (a) In determining the allocation of funds available for the purposes of this chapter, the Board shall give priority to projects that combine the dual goals of creating affordable housing and conserving and protecting Vermont’s agricultural land, historic…

§ 323. Annual report Prior to January 31 of each year, the Board shall submit a report concerning its activities to the Governor and to the House Committees on Agriculture and Forestry, on Appropriations, on Corrections and Institutions, on Energy and Technology, on Natural Resou…

§ 324. Stewardship If an activity funded by the Board involves acquisition by the State of an interest in real property for the purpose of conserving and protecting agricultural land or forestland, important natural areas, or recreation lands, the Board, in its discretion, may ma…

§ 325. Condemnation prohibited The Board shall not have the authority or power to acquire property for the purposes of this chapter through condemnation or through the exercise of the power of eminent domain. (Added 1987, No. 88, § 1, eff. June 11, 1987.)

§ 325a. Conservation easement review appraisals The Vermont Housing and Conservation Board shall ensure on a periodic basis that review appraisals are conducted of conservation easements proposed to be acquired pursuant to this chapter. (Added 1995, No. 185 (Adj. Sess.), § 14a, e…

§ 325b. State of Vermont executory interest in easements (a) As used in this section: (1) “Qualified organization” shall have the same meaning as in section 6301a of this title; and (2) “State agency” shall have the same meaning as in section 6301a of this title. (b) The Agency o…

§ 325c. Age-restricted housing; right of first refusal (a) Definitions. As used in this section: (1) “Age-restricted property” means a privately owned age-restricted residential property that is not licensed pursuant to 33 V.S.A. chapter 71 or 8 V.S.A. chapter 151. (2) “Eligible …

§ 325m. Rural Economic Development Initiative (a) Definitions. As used in this subchapter: (1) “Rural area” means a county of the State designated as “rural” or “mostly rural” by the U.S. Census Bureau in its most recent decennial census. (2) “Small town” means a town in the Stat…

§ 325t. Definitions As used in this subchapter: (1) “Board” means the Vermont Land Access and Opportunity Board. (2) “Historically marginalized or disadvantaged community” means a community that has historically suffered from discrimination and has not had equal access to public …

§ 325u. Vermont Land Access and Opportunity Board (a) Creation. There is created the Vermont Land Access and Opportunity Board to promote improvements in access to woodlands, farmland, and land and home ownership for Vermonters from historically marginalized or disadvantaged comm…

§ 325v. Acceptance of grants and contributions The Board may accept from any governmental department or agency, public or private body, or any other source, grants or contributions to be used in carrying out the provisions of this subchapter. (Added 2021, No. 182 (Adj. Sess.), § …