Vermont to Receive $30 Million in Stimulus Funds
Senator Patrick Leahy recently announced that Vermont will receive $30 million in stimulus funding to aid in development projects benefiting low income residents. Thirty two Organizations nationwide received funding as part of the American Recovery and Reinvestment Act.
The money will be issued to Vermont Rural Ventures, a partnership including Housing Vermont, Vermont Economic Development Authority, Vermont Housing Finance Agency, Vermont Community Loan Fund and the Northern Tier Center for Health in Richford, and will be used to construct affordable housing to vulnerable Vermonters, while simultaneously providing jobs. Read more.