On November 1, 2023

Town of Killington receives additional Catalyst funding, bringing awards total to $3m

 

On Thursday, Oct. 26, Governor Phil Scott and the Northern Border Regional Commission (NBRC) announced that the town of Killington has received another Catalyst grant, bringing the total grant to $3 million for its municipal water system and a redesigned roadway systems.

The first awarded amount of $2.25 million on Aug. 23, 2023, was reduced from the town’s original request. But the state of Vermont put the town’s project forward for an additional consideration of $750,000 through a funding partnership between NBRC and EDA, and informed the town last Thursday that the project was approved for the additional funding.

Despite multiple sources of funding, the town’s grant will be administered as a single NBRC award.

The additional $750,000 funding will provide infrastructure improvements to the town’s planned municipal water system and a redesigned roadway system which is required for the development of the Killington Village project.

The second NBRC award was part of $3 million in funding for four projects through a partnership between the NBRC and the U.S. Economic Development Administration (EDA) to amplify both agencies’ economic development impact in Northern Border communities.

The four awards all were for $750,000 to support vital water and wastewater infrastructure in rural communities across the Northeast. The other awards were for projects in Eagle Lake, Maine; Lancaster, New Hampshire;  Lawrence, New York.

“These investments will help rural communities build and improve infrastructure that is critical to economic growth.  Recognizing that the cost of these projects are often too expensive for residents and rate payers in small towns to undertake on their own, NBRC has prioritized the needs of very small communities in its grant making,” said NBRC Federal Co-Chair Chris Saunders. “We are proud of this partnership with EDA, which will deliver this funding to four small towns all of which have populations under 5,000 people.”

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