reglab/housing_qa huggingface dataset:
10 V.S.A. § 625
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 625. Procedure prior to financing of multi-family housing undertaken by housing sponsors

§ 625. Procedure prior to financing of multi-family housing undertaken by housing sponsors|The Agency may not finance any residential housing undertaken by a housing sponsor under subdivision 624(a)(1) of this title unless:  (1) the residential housing is primarily for occupancy by persons and families of low and moderate income, or qualifies for financing with proceeds of federally tax-exempt obligations, or at least 20 percent of the units are for occupancy by persons and families of low and moderate income; (2) the Agency determines that the acquisition, construction, or rehabilitation costs incurred or to be incurred by the housing sponsor under agreement are for housing development costs within the meaning of this chapter; (3) the Agency determines that there exists, or without the proposed residential housing there will exist, a shortage of decent, safe, and sanitary housing at rentals or prices that persons and families of low or moderate income are able to afford within the general housing market area or there is a shortage of temporary transitional or emergency housing to be served by the proposed residential housing; and (4) the Agency determines that the housing sponsor or sponsors undertaking the proposed housing development will maintain or increase the supply of well-planned, well-designed permanent, temporary, transitional, or emergency housing for persons or families of low and moderate income and that the sponsors are financially responsible persons or institutions. (Added 1975, No. 176 (Adj. Sess.), § 6, eff. March 26, 1976; amended 1987, No. 41, § 6; 1989, No. 77, § 5, eff. June 7, 1989; 2005, No. 189 (Adj. Sess.), §§ 7, 8; 2007, No. 176 (Adj. Sess.), § 11, eff. July 1, 2008.)
10 V.S.A. § 626
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 626. Rules; insulation of structures

§ 626. Rules; insulation of structures|(a) The Agency may adopt rules, but they shall be under 3 V.S.A. chapter 25, providing standards for the insulation, design, and equipping of buildings to minimize, insofar as is practicable and economical, the transfer of heat or cold between the interior and exterior of the building. The rules shall:  (1) be consistent with standard practices and techniques in the construction industry; and (2) be, insofar as is practicable, consistent with nationally recognized building codes and regulations adopted under the authority of Congress; and (3) not require the installation of devices, equipment, or materials that would substantially alter the basic architecture of an existing building.   (b) The Agency shall publish a manual that shall be made available, at cost, to any person upon his or her request. The manual shall show by diagram and otherwise various acceptable methods, materials, and devices that may be used by the owners of buildings and others to comply with the standards adopted by rule under subsection (a) of this section. (Added 1977, No. 59, § 2, eff. April 23, 1977.)
10 V.S.A. § 628
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 628. Mortgage credit certificates

§ 628. Mortgage credit certificates|In addition to other powers granted in this chapter, the Agency shall have the power to establish a qualified mortgage credit certificate program and to issue mortgage credit certificates as provided in this section. The terms "qualified mortgage credit certificate program" and "mortgage credit certificate" shall have the meaning prescribed in Section 25 of the Internal Revenue Code, as amended. Before establishing a qualified mortgage credit certificate program, the Agency shall determine that to do so will effectuate the purposes of this chapter. In carrying out such a program, the Agency shall have the power to take all appropriate actions for such purpose, including formulating and implementing administration procedures, making all necessary reports and filings, and electing not to issue bonds or notes otherwise authorized by this chapter. In lieu of the requirements of this chapter applicable to the purchase and sale by the Agency of mortgage loans and rehabilitation loans, any qualified mortgage certificate program established by the Agency shall comply with and be subject to the provisions of Section 25 of the Internal Revenue Code, as amended, and regulations thereunder as in effect from time to time. Any rule, regulation, practice, policy, or procedure adopted by the Agency for the purpose of implementing or administering a mortgage credit certificate program shall not be subject to the requirements of 3 V.S.A. chapter 25. (Added 1987, No. 8, § 2, eff. April 14, 1987.)
10 V.S.A. § 633
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 633. Refunding obligations -  Issuance

§ 633. Refunding obligations -  Issuance|The Agency may provide for the issuance of refunding obligations for the purpose of refunding any obligations then outstanding that have been issued under the provisions of this chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such obligations and for any corporate purpose of the Agency. The issuance of such obligations, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties, and obligations of the Agency in respect of the same shall be governed by the provisions of this chapter that relate to the issuance of obligations, insofar as those provisions may be appropriate. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 634
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 634. Refunding obligations -  Sale

§ 634. Refunding obligations -  Sale|Refunding obligations issued as provided in section 633 of this title may be sold or exchanged for outstanding obligations issued under this chapter and, if sold, the proceeds thereof may be applied, in addition to any other authorized purposes, to the purchase, redemption, or payment of such outstanding obligations. Pending the application of the proceeds of any refunding obligations, with any other available funds, to the payment of the principal, accrued interest, and any redemption premium on the obligations being refunded, and, if so provided or permitted in the resolution authorizing the issuance of such refunding obligations or in the trust agreement securing them to the payment of any interest on such refunding obligations and any expenses in connection with such refunding, such proceeds may be invested in direct obligations of, or obligations the principal of and the interest on that are unconditionally guaranteed by the United States of America that shall mature or that shall be subject to redemption by the holders thereof, at the option of such holders, not later than the respective dates when the proceeds, together with the interest accruing thereon, will be required for the purposes intended. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 636
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 636. Pledge of the State

§ 636. Pledge of the State|The State does hereby pledge to and agree with the holders of the notes and bonds issued under this chapter that the State will not limit or restrict the rights hereby vested in the Agency to perform its obligations and to fulfill the terms of any agreement made with the holders of its bonds or notes or in any way impair the rights and remedies of the holders until the notes and bonds, together with interest thereon, and interest on any unpaid installments of interest, are fully met, paid and discharged. The Agency is authorized to execute this pledge and agreement of the State in any agreement with the holders of the notes or bonds. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 637
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 637. Sovereign immunity, credit of State not pledged

§ 637. Sovereign immunity, credit of State not pledged|The Agency shall have the benefit of sovereign immunity to the same extent as the State of Vermont. Commissioners, officers, employees, and the executive director of the Agency shall be deemed employees of the State for purposes of 12 V.S.A. chapter 189 (tort claims against State) and 3 V.S.A. chapter 29 (claims against State employees). Notwithstanding the foregoing, obligations issued under the provisions of this chapter shall not be deemed to constitute a debt or liability or obligation of the State or of any political subdivision thereof or a pledge of the faith and credit of the State or of any political subdivision but shall be payable solely from the revenues or assets of the Agency. Each obligation issued under this chapter shall contain on the face thereof a statement to the effect that the Agency shall not be obligated to pay the same nor the interest thereon except from the revenues or assets pledged therefor and that neither the faith and credit nor the taxing power of the State or of any political subdivision thereof is pledged to the payment of the principal of or the interest on such obligations. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974; amended 2003, No. 122 (Adj. Sess.), § 240a; 2005, No. 75, § 20.)
10 V.S.A. § 638
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 638. Notes and bonds as legal investments

§ 638. Notes and bonds as legal investments|Notwithstanding any other law, the State and all public officers, governmental units, and agencies thereof, all banks, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business, all credit unions, and all executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, monies, or other funds belonging to them or within their control in any bonds or notes issued under this chapter, and the bonds or notes are authorized security for any and all public deposits. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 639
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 639. Annual reports; audit

§ 639. Annual reports; audit|(a) On or before the last day of January in each year, the Agency shall submit a report of its activities for the preceding fiscal year to the Governor and to the General Assembly, specifically the committees in the House and Senate with jurisdiction over housing. Each report shall set forth a complete operating and financial statement covering its operations during the year, including the Agency's present and projected economic health, amount of indebtedness, a statement of the amounts received from funds generated by interest from real estate escrow and trust accounts established pursuant to 26 V.S.A. § 2214(c), a list and description of the programs to which IORTA funds were provided and the amounts distributed to each county. The Agency shall cause an audit of its books and accounts to be made at least once in each year by certified public accountants; the cost shall be considered an expense of the Agency and a copy shall be filed with the State Treasurer. The provisions of 2 V.S.A. § 20(d) (expiration of required reports) shall not apply to the report to be made under this subsection.(b) The Auditor of Accounts of the State and his or her duly authorized representatives may at any time examine the accounts and books of the Agency, including its receipts, disbursements, contracts, sinking funds, investments, and any other matters relating to its financial statements. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974; amended 1989, No. 145 (Adj. Sess.), § 3, eff. April 20, 1990; 1991, No. 86, § 3, eff. Jan. 1, 1992; 2007, No. 86 (Adj. Sess.), § 2, eff. March 3, 2008; 2013, No. 142 (Adj. Sess.), § 17.)
10 V.S.A. § 640
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 640. Authorization to accept appropriated monies

§ 640. Authorization to accept appropriated monies|The Agency is authorized to accept and expend such monies as may be appropriated or approved from time to time by the General Assembly for effectuating its corporate purposes including the payment of the initial expenses of administration and operation and the establishment of reserves or contingency funds to be available for the payment of the principal of and the interest on any bonds, notes, or other obligations of the Agency. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 641
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 641. Tax exemption

§ 641. Tax exemption|(a) All property of the Agency is public property devoted to an essential public and governmental function and purpose and is exempt from all taxes, franchise fees, and special assessments of whatever nature of the State or any subdivision. All bonds or notes issued under this chapter are issued by a body corporate and public of this State and for an essential public and governmental purpose and those bonds and notes, and the interest thereon and the income therefrom, and all activities of the Agency and fees, charges, funds, revenues, incomes, and other monies of the Agency whether or not pledged or available to pay or secure the payment of those bonds or notes, or interest thereon, are exempt from all taxation, franchise fees, or special assessments of whatever kind except for transfer, inheritance, and estate taxes.(b) The Agency is not required to make or file any reports, statements, or informational returns required of any other bodies corporate except as provided in this chapter.(c) Notwithstanding subsection (a) of this section, a tax lien on real property that has attached pursuant to 32 V.S.A. § 5061 shall not be extinguished as a result of the acquisition by the Agency of property subject to such lien. No real property owned by the Agency on April 1 of any year shall be assessed for taxes by any municipality and no lien for taxes pursuant to 32 V.S.A. § 5061 shall attach to such property whether or not the Agency subsequently transfers the property to a taxable person prior to April 1 of the following year. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974; amended 1983, No. 215 (Adj. Sess.), § 2, eff. May 10, 1984.)
10 V.S.A. § 642
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 642. Liberal construction

§ 642. Liberal construction|Neither this chapter nor anything herein contained is or shall be construed as a restriction or limitation upon any powers that the Agency might otherwise have under any laws of this State, and this chapter is cumulative to any such powers. This chapter does and shall be construed to provide a complete, additional, and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 643
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 25 - Vermont Housing Finance Agency|§ 643. Inconsistent provisions in other laws superseded

§ 643. Inconsistent provisions in other laws superseded|Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, general, special, or local, the provisions of this chapter shall be controlling. (Added 1973, No. 260 (Adj. Sess.), § 3, eff. April 11, 1974.)
10 V.S.A. § 651
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 27 - Travel and Recreation Policy|§ 651. Findings; policy and purpose

§ 651. Findings; policy and purpose|The General Assembly finds that the State of Vermont is endowed with extraordinary natural beauty by its mountains, waterways, and open spaces; that the State of Vermont is rich in its historic heritage, its cultural offerings, the renown of its superior workmanship, the unique designs of its crafts people, and the variety of its recreational lodgings, attractions, and services, all of which enrich the lives of Vermonters and the many travelers who visit the State each year; that the travel and recreation industry is an important sector of the Vermont economy, serving the needs of Vermonters as well as the many visitors of our State, providing significant employment opportunities and revenues, and contributing to the economic well-being of the State; and that recognition of this important industry and enhanced promotion of Vermont as a travel destination in cooperation with the private sector is in the public interest. Therefore, it is the public policy of the State of Vermont, while protecting the natural quality of the State, to support and encourage reasonable growth in the number of travelers to the State and to assist in enhancing the competitive position of travel-related businesses in the State; and further, it is of public benefit that a travel and recreation council be established to contribute to the development of the State travel and recreation policy. (Added 1987, No. 83, § 2.)
10 V.S.A. § 652
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 27 - Travel and Recreation Policy|§ 652. Travel and Recreation Council; membership

§ 652. Travel and Recreation Council; membership|(a) The Travel and Recreation Council is created. It shall comprise the following members:  (1) the Secretary of Commerce and Community Development or designee; (2) the Secretary of Natural Resources or designee; (3) the Secretary of Transportation or designee; (4) the Secretary of Agriculture, Food and Markets or designee; (5) the Commissioner of Tourism and Marketing or designee; and (6) ten members from the private sector appointed by the Governor.   (b)(1) The ten members appointed by the Governor shall serve a term of three years, beginning July 1, or the unexpired portion thereof. For the initial appointments, the Governor shall appoint three for one year, four for two years, and three for three years.  (2) When appointing members, the Governor shall consider persons who have understanding of the travel and recreation industry and who will adequately represent the various interests in the State.   (c) The Council shall elect its chair annually from among its members.(d) The Council shall meet at least quarterly at the call of the Chair or the agency secretary.(e) Members of the Council shall be entitled to receive per diem compensation and reimbursement of expenses as permitted under 32 V.S.A. § 1010, which shall be paid by the Agency of Commerce and Community Development. (Added 1987, No. 83, § 2; amended 1995, No. 46 § 37; 1995, No. 190 (Adj. Sess.), § 1(a), (d); 2003, No. 42, § 2, eff. May 27, 2003; 2019, No. 61, § 6.)
10 V.S.A. § 653
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 27 - Travel and Recreation Policy|§ 653. Travel and Recreation Council; functions

§ 653. Travel and Recreation Council; functions|(a) The Council shall advise the Secretary of Commerce and Community Development, and the Secretary shall consult with the Council, on matters relating to State travel and recreation policy, State travel and recreation promotion programs, and other programs of the Department of Tourism and Marketing.(b) In addition to any other functions the Council may perform, it shall:  (1) review and consult with the Secretary on the development of an annual marketing plan for travel and recreation. Such a plan shall be initially developed by the Agency in consultation with the Council. This plan shall then be submitted to the Council for its further review and comments, which shall be considered by the Agency before the Agency adopts a final plan; (2) assist the Secretary in the Agency's preparation of a long-term comprehensive State travel and recreation plan. Before the Agency adopts a final plan, the plan shall be reviewed at a public hearing and shall be submitted to the Council for its further review and comments; (3) assist the Secretary in selecting proposals for awarding funds under the matching grants promotional programs under subchapter 2 of this chapter and in reviewing proposals for cooperative and partnership travel promotion efforts. (Added 1987, No. 83, § 2; amended 1995, No. 190 (Adj. Sess.), § 1(a), (c).)
10 V.S.A. § 661
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 27 - Travel and Recreation Policy|§ 661. Travel promotion matching fund program

§ 661. Travel promotion matching fund program|There is established a travel promotion matching fund program to serve the following purposes:  (1) to allow the State of Vermont to provide part of the funds necessary for a travel promotion chamber or association to conduct promotional programs on a statewide or regional basis in order to increase the volume of nonresident visitation to the State or a particular region within the State; (2) to strengthen and further encourage regional and statewide promotion by the private sector; (3) to strengthen the State image by coordinating the promotional efforts of the private sector and the Vermont Department of Tourism and Marketing of the Agency of Commerce and Community Development. (Added 1979, No. 137 (Adj. Sess.), § 2, eff. April 22, 1980; amended 1995, No. 190 (Adj. Sess.), § 1(c).)
10 V.S.A. § 662
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 27 - Travel and Recreation Policy|§ 662. Allocation of funds

§ 662. Allocation of funds|(a) Within the limits of available funding, for every dollar raised by the private sector for travel promotion under the provisions of this chapter, the State will provide one dollar in matching funds to be allocated as follows:  (1) 75 percent of the State's dollar will be awarded as grants to approved travel promotion chamber or association programs. (2) 25 percent of the State's dollar will go into the Vermont Department of Tourism and Marketing's promotion budget specifically for the purpose of executing an umbrella advertising campaign under which the private sector programs will operate.   (b) The minimum grant to be matched by any single travel promotion chamber or association is $1,000.00.(c) The maximum grant to be matched by any single travel promotion chamber or association is $25,000.00. (Added 1979, No. 137 (Adj. Sess.), § 2, eff. April 22, 1980.)
10 V.S.A. § 663
2021 Vermont Statutes|Title 10 - Conservation and Development|Chapter 27 - Travel and Recreation Policy|§ 663. Administration

§ 663. Administration|(a) The Department of Economic Development, through the Vermont Department of Tourism and Marketing, shall administer the travel promotion matching funds program with such flexibility so as to bring about the most effective and economical travel promotion program possible. The Department shall adopt rules and procedures necessary and appropriate to the proper operation of the matching funds program. These rules shall also establish which travel promotion organizations are eligible to apply for matching funds.(b) The Department shall make available complete instructions as to the applicant's duties and responsibilities and shall establish forms necessary to carry out the purposes of this chapter. (Added 1979, No. 137 (Adj. Sess.), § 2, eff. April 22, 1980; amended 1995, No. 190 (Adj. Sess.), § 1(c); 2015, No. 23, § 97.)