VHFA News

Funding Opportunity for Communities Hit Hard by July 2023 Flooding

By: Krista Malaney

The July 2023 floods in Vermont left many community businesses and homeowners in dire need of help. In response Vermont Agency of Commerce and Community Development (ACCD) will receive $67.8 million from the U.S. Department of Housing and Urban Development for disaster recovery and relief in the communities hit hardest by the flooding.  

Flooding in Montpelier, VT

In a press release issued June 27th from the ACCD, the agency states that the funds will help communities with the necessary expenses related to disaster relief, long-term recovery, and the restoration of infrastructure and housing in the most impacted and distressed (MID) areas. All eligible projects must demonstrate an unmet need with a direct tie-back to flooding in July 2023 and primarily benefit low- and moderate-income households and individuals. 

ACCD is providing technical assistance for prospective Disaster Recovery projects located with the HUD- or State-Identified MID areas. Interested parties should email them at [email protected] or visit their website to learn more.   

 

Photo Credit: Terry Allen c/o VT Agency of Commerce & Community Development.