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Vermont’s Housing Recovery Gets New Rules | Burlington News
Three years after the catastrophic 2023 floods, Vermont’s housing recovery is still in progress — and a new federal housing law could finally bring more predictability to long-term aid. Passed in July, this housing bill introduces key reforms to HUD’s CDBG-DR program, which funds rebuilding efforts FEMA and the SBA don’t cover — especially in lower- and moderate-income communities. Vermont received over $67 million after the floods, mostly for new homes and infrastructure. While the law sets clearer timelines for distributing funds once approved, the real hurdle remains: Congress must still…
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