Emphasizing the importance of economic recovery in distressed areas, U.S. Department of the Treasury's announced last week the award of $3.6 billion in New Markets Tax Credit (NMTC) nationwide, including $35 million for Vermont projects.
          
  
            Growing inventory of Vermont homes in foreclosure
      
        
        
        
        
          
  
            
      
        
Like the rest of New England, 3.8 percent of Vermont's home mortgages were in foreclosure as of December 31, 2011, according to the Mortgage Bankers Association National Delinquency Survey.
 
