Vermont needs additional housing of all types. An important piece of the puzzle is the creation of homeownership opportunities for the missing middle—buyers who don't qualify for income-restricted housing programs but can't afford market-rate homes. Philanthropy can help preserve Vermont's high homeownership rate with strategies that target middle income buyers.
The roughly $2.7 billion that the American Rescue Plan Act has allocated to Vermont creates unique opportunities for philanthropists to jump in and deepen the impact of these historic public investments.
Charitable individuals can use donations to ensure deserving people and organizations are not left out. Here are three ways funders can help strengthen and improve the recovery.