New homes coming to Vermont for those in need
A State on the Brink
Vermont isn’t just expanding its maple syrup production—it’s launching a $28 million offensive against a housing shortage that’s spiraling out of control. Since 2020, homelessness has doubled, and construction costs have skyrocketed, leaving families in a brutal squeeze where demand outstrips supply by miles. To fight back, the state is betting big on tax credits, funneling millions into affordable housing—but in a game where only the most ironclad proposals win, the competition is cutthroat.
The Big Three: Millions for Concrete Solutions
Three colossal projects are swallowing $26 million of the budget, each a lifeline in its own right:
Highgate’s Waiting Game
- 30 new apartments breaking ground next year, with keys handed over in 2028.
- A slow burn, but one that promises stability for families priced out of the market.
Winooski’s Industrial Makeover
- A former industrial wasteland gets a second chance, transforming into 24 homes.
- Cleanup first, construction later—but the payoff? A fresh neighborhood reborn.
White River Junction’s 48-Unit Surge
- By late 2027, this town will welcome nearly 50 new units, easing pressure on a housing pool that’s been drained for years.
These aren’t just numbers on a spreadsheet—they’re part of a long-term neighborhood revival, stitching new life into older corners of the state.
The Underdogs: Small Fixes, Big Impact
While the giants hog the spotlight, four smaller projects are getting just under $2 million to patch up what’s already there—or add carefully tailored expansions:
- St. Johnsbury’s Preservation Push
- 18 homes saved from decay, their affordability locked in for good.
No new construction, just keeping what works before it’s lost forever.
- Grand Isle’s Blended Approach
A mix of old and new for older adults, proving that renovation can be just as vital as groundbreaking.
- Burlington’s Empty Lot Revival
- A 67-apartment complex rising from a vacant stretch of land, part of a larger mission to reclaim underused urban spaces.
The Hard Truth: Is $28 Million Enough?
Here’s the catch: $28 million is a drop in the bucket for a crisis this deep. Vermont’s housing woes aren’t just about supply—they’re about soaring costs, stagnant wages, and a homelessness epidemic that shows no sign of slowing. Even with these new units, thousands will still struggle to keep a roof over their heads.
The state’s move is bold, but it’s a bandage on a gushing wound. With homelessness and construction costs still climbing, the question lingers: Is this just the first volley in a war Vermont is only beginning to fight?