Killington awarded maximum CRRP grant of $1 million
Staff report
Governor Phil Scott and the Agency of Commerce and Community Development (ACCD) announced the first round of approved grant applications for projects that spur economic recovery through the Community Recovery and Revitalization Program (CRRP) on Tuesday, March 14.
Killington received the maximum award of $1 million for the “creation of a municipal water supply system and transmission to include the Valley Wells, well house, pump station, storage tank(s), and all transmission mains from the wells to the storage tank(s)…the transmission main from the storage tank to the Six Peaks Village and continuing to along Killington Road to its intersection with Ravine Road. This project will also require land acquisition and easements.”
Awards were not to exceed the lesser of $1 million or 20% of total project cost, according to the Community Recovery and Revitalization Program Report written by the Dept. of Economic Development (DED). The program aims to strengthen communities across the state by reversing the harm caused by the Covid-19 pandemic through assistance with capital investments that will help businesses, nonprofits, and municipalities to recover, retain existing jobs, and grow the economy.
The state approved 31 projects through an inter-agency committee, resulting in a total award amount of $10,328,196 which is expected to support $153,515,054 in total project costs. The 31 projects are expected to support 354 existing jobs and enable the creation of 205 new jobs, 79 new affordable
