Vermont Community Development Act
Vermont · Conservation and Development · §§ 10-681 to 10-690a · 11 sections
Overview
This act establishes a program of community development funding carried out through local government. It sets out the powers and duties of municipalities in undertaking community development activities and creates a community development board to administer the program, governing eligibility, the application process, and the allocation of funds through a defined allocation system that may include commitments spanning multiple years. It further grants rulemaking authority, provides remedies for noncompliance with program requirements, and authorizes revolving loan funds operated by nonprofit entities.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
Sections covered
- Vt. Stat. Ann. tit. 10, § 681Title
- Vt. Stat. Ann. tit. 10, § 682Intent and purpose
- Vt. Stat. Ann. tit. 10, § 683Title
- Vt. Stat. Ann. tit. 10, § 684Powers and duties of the municipalities
- Vt. Stat. Ann. tit. 10, § 685The Vermont Community Development Board
- Vt. Stat. Ann. tit. 10, § 686Eligibility, application, allocation of funds
- Vt. Stat. Ann. tit. 10, § 687Allocation system
- Vt. Stat. Ann. tit. 10, § 688Authority to make rules
- Vt. Stat. Ann. tit. 10, § 689Multi-year commitments
- Vt. Stat. Ann. tit. 10, § 690Remedies for noncompliance
- Vt. Stat. Ann. tit. 10, § 690aNonprofit revolving loan funds
Enacted in other states
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