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.
Yesterday's announcement by the U.S. Department of the Treasury was covered by Vermont Public Radio (VPR).
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.
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: