Vermont § 322 - Allocation system
Full text of Vermont Vermont Statutes Online § 322 — Allocation system, with citation guidance and answers to common questions.
§ 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
properties, important natural areas or recreation lands and also shall consider, but
not be limited to, the following factors: (1) the need to maintain balance between the dual goals in allocating resources; (2) the need for a timely response to unpredictable circumstances or special opportunities
to serve the purposes of this chapter; (3) the level of funding or other participation by private or public sources in the activity
being considered for funding by the Board; (4) what resources will be required in the future to sustain the project; (5) the need to pursue the goals of this chapter without displacing lower income Vermonters; (6) the long-term effect of a proposed activity and, with respect to affordable housing,
the likelihood that the activity will prevent the loss of subsidized housing units
and will be of perpetual duration; (7) geographic distribution of funds. (b) The Board’s allocation system shall include a method, defined by rule, that evaluates
the need for, impact, and quality of activities proposed by applicants. (Added 1987, No. 88, § 1, eff. June 11, 1987; amended 1997, No. 156 (Adj. Sess.), § 45, eff. April 29, 1998.)
Frequently Asked Questions About Vermont § 322
What does Vermont Statutes Online § 322 cover?
Section 322 ("Allocation system") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 322?
A common citation format is "Vermont Statutes Online § 322" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 322 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.