In this morning's edition the Burlington Free Press made mention of the $1.4 million in federal funds coming to Vermont for Blake Commons in Swanton.
Swanton project featured on VPR
Yesterday's announcement by the U.S. Department of the Treasury was covered by Vermont Public Radio (VPR).
Swanton housing project beneficiary of latest recovery funds
The $1.4 million in American Recovery & Reinvestment Act funds awarded to Vermont today (Read our previous post about the award) will be used to finance Blake Commons, a 16-unit multifamily housing project in Swanton.
Blake Commons is being developed in partnership with Housing Vermont and Champlain Housing Trust. It'll provide homes to households at 50-60% of the area median income.
Vermont to receive $1.4 million for affordable housing
The U.S. Department of the Treasury announced today another $1.4 million in federal funds are coming to Vermont for affordable housing.
This latest allocation of American Recovery and Reinvestment Act funds includes a total of $309 million distributed to seven states: