Sen. Michael Sirotkin, D-Chittenden, at the Statehouse in Montpelier on Jan. 16. Photo by Glenn Russell/VTDigger
Backers of a proposed affordable housing bond have shelved their plans for the year, opting instead to participate in a study to look at the state’s alternatives for addressing Vermont’s housing shortage.
Sen. Michael Sirotkin, D-Chittenden, decided to stop pressing for the bond after he heard recent testimony from opponents such as State Treasurer Beth Pearce. Pearce said last month that after a recent state bond rating downgrade, it would not be the right time to take on major debt for housing.
“The treasurer’s opinion is important,” Sirotkin said Thursday...Read More