Formula Grant SBAHQ23Y0127

The Vermont Community Loan Fund, Inc. was awarded $500,000 under the Community Development Financial Institutions Program Project Grant by the Department of the Treasury's Community Development Financial Institutions Fund. The funding will support the provision of financial products, financial services, development services, loan loss reserves, and capital reserves to benefit low-income individuals and communities lacking adequate access to affordable financial options. The Community Development...

The Vermont Community Loan Fund, Inc. was awarded a $1.8 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the organization's ability to provide financial and technical assistance to communities and businesses impacted by the economic effects of the coronavirus pandemic through December 31, 2023. As part of the CDFI RRP, which is authorized under the Federal Grant...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded Community Capital of Vermont, Inc. a $200,000 Project Grant under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 15, 2021 through December 31, 2023. The funding will support Community Capital of Vermont's efforts to address the economic impacts of the coronavirus pandemic through the CDFI Rapid Response Program. As a Community Development...

The Department of Agriculture's Rural Utilities Service awarded a $150,000 Project Grant to the Vermont Housing and Conservation Board under the Community Facilities Loans and Grants program (CFDA 10.766). The two-year award will fund technical and training services to construct, enlarge, extend, or improve community facilities providing essential services to rural residents of Montpelier, Vermont. Specifically, the grant will support technical assistance and training activities for community...

The Vermont Housing Finance Agency (VHFA) received an $8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Capital Magnet Fund program (CFDA 21.011). The grant will support VHFA in attracting private investment to finance affordable housing and related economic development activities that benefit low-income individuals and families in Vermont. Through competitive subgrants, VHFA will use the Capital Magnet Funds to...

The Brattleboro Development Credit Corporation (BDCC) received a $500,000 Project Grant award from the Department of Commerce Economic Development Administration under the BUILD TO SCALE federal grant program (CFDA 11.024) to establish the Windham Seed Fund. The Windham Seed Fund will provide early stage risk capital funding and business support services to 12-15 scalable businesses located in southeastern Vermont's Windham region through September 2024. Funded businesses are expected to...

The U.S. Department of Agriculture's Rural Utilities Service awarded a $109,000 Project Grant to Catamount Film And Arts CO., a non-profit organization based in St Johnsbury, Vermont, under the Community Facilities Loans and Grants program (CFDA 10.766). The grant funding supports the construction, enlargement, or improvement of community facilities that provide essential services to rural residents in Vermont. Specifically, the grant will enable Catamount Film And Arts CO. to undertake...

This $3,500,000 Cooperative Agreement award from the U.S. Environmental Protection Agency (EPA) under the Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements program (CFDA 66.818) will provide funding to the Vermont Agency of Commerce and Community Development to re-capitalize a revolving loan fund. The funds will be used to make loans and subgrants to clean up brownfield sites and conduct other necessary activities to prudently manage the revolving loan...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $300,000 project grant to Evernorth Loan Fund Inc., a non-profit CDFI based in Burlington, Vermont. The grant aims to empower Evernorth Loan Fund Inc. to expand affordable financial products and services, create jobs, build businesses, and foster economic self-determination in Native communities nationwide. As a CDFI, Evernorth Loan Fund Inc. specializes in providing loans, investments,...

This federal Project Grant award of $289,201 was provided by the U.S. Department of Agriculture Rural Housing Service under the Community Facilities Loans and Grants program (CFDA 10.766). The grant was awarded on September 27, 2024 to Brattleboro Development Credit Corp, a private non-profit economic development organization, to support rural infrastructure and essential service improvements in Vermont. The funding will enable Brattleboro Development Credit Corp to undertake initiatives focused...