On September 28, 2016

Congressional delegation announces $2 million grant for Vermont affordable housing

The Vermont congressional delegation announced Friday, Sept. 23, that Housing Vermont  received a $2 million grant to help provide affordable housing to low-income families in the state.
“While the economy has certainly improved since the Great Recession, far too many people in Vermont and across the country are still struggling to get by on stagnant wages. Many pay 50 percent or more of their limited incomes to keep a roof over their heads, leaving little for food, childcare, transportation and health care,” said Sens. Patrick Leahy (D-Vt.), Bernie Sanders (I-Vt.) and Rep. Peter Welch (D-Vt.) “These funds will help get us a little closer to the day when all Vermonters have safe, decent and affordable housing.”
Housing Vermont is a Burlington-based nonprofit founded in 1988, which creates permanently affordable rental housing and enables investments in economic and community development to benefit Vermonters through partnerships with local organizations, public agencies and the private sector. Housing Vermont has built 5,120 affordable apartments in 171 developments throughout the state.
“We are excited to get these federal funds to Vermont. This $2 million will strengthen our ability to build more affordable housing,” said Nancy Owens, president of Housing Vermont. “There is a tremendous shortage of affordable housing in Vermont. These funds will really help us serve our mission by helping low-income Vermonters in high-need communities secure affordable housing.”
The funds announced by the delegation are part of $91.5 million in grants from the U.S. Treasury’s Community Development Financial Institutions Fund, which were awarded to 32 organizations throughout the United States for the development of affordable housing and community facilities in low-income communities.
Vermont is receiving $3 million from the National Housing Trust Fund to build, preserve, and rehabilitate affordable rental housing.

Do you want to submit feedback to the editor?

Send Us An Email!

Related Posts

Nurse union plans day of action in Rutland, Nov. 14

November 13, 2024
By James Kent A day of action is planned to support nurses at Rutland Regional Medical Center (RRMC). The Office and Professional Employees International Union (OPEIU) Local 6, which represents the nurses, has stated that it’s in contract negotiations with the hospital nurses ahead of their ongoing negotiations with RRMC.  The event will be held…

Winter begins at The Beast

November 13, 2024
The Killington Resort snowmaking team is putting its new high efficiency snowguns to work —  firing over 200 guns every time the temperatures warrant. Rime, Reason, Upper East Fall, Upper Great Northern and Superstar all have guns ablaze. Opening day may be soon!

Wheels for Warmth provides opportunity to help your community by donating or purchasing tires

October 23, 2024
Thursday-Saturday, Oct. 24-26—PITTSFORD—Wheels for Warmth is back, offering an excellent opportunity to give back to the community while ensuring you’re ready for winter. Whether you have tires to donate or need affordable tires for the cold months ahead, this event has you covered. Proceeds from the sale and collection of tires support heating assistance for…

Reflecting on 30 years, a short history of Sal Salmeri and Moguls

July 30, 2024
By Polly Mikula  Salmeri, 62, has been coming up to Killington for most of his life, moving here full-time 35 years ago. “I used to come up here when I was a young kid with my uncles from Weymouth, Massachusetts, we belonged to the Mercury Ski Club,” he said. “The ski club was great, we…