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The Vermont Council on Rural Development is a non-profit, federally supported, state rural development council that combines public and private resources to fund programs that improve the rural communities of Vermont, a largely rural American state. [1] The organization was created in 1992. [1]
The Department of Economic Development stimulates business development and job creation. The department assists through support in financing, licensing, business recruitment, and marketing services. The Department of Tourism and Marketing promotes Vermont as a travel destination through the mediums of print, television, radio and the World Wide ...
This funding was leveraged nearly four times by $950 million in external private and public funding. Vermont's Trust Fund is administered by the Vermont Housing and Conservation Board (VHCB). By law, the Trust Fund is to receive half of the receipts from real estate transfer taxes. The FY2000 budget was the last to reach its statutory funding ...
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States.
The Vermont legislature established the agency in 1974. [1]By 2018, the VHFA had assisted approximately 29,000 people to purchase primary residences; and provided financing, development and management support, subsidy administration and tax credits for about 13,650 units of multifamily rental housing.
The governor also designated $100 million in borrowing for the state’s Rural Development Fund, $100 million for the Seaport Economic Council, and $100 million for Local Economic Development Grants.
The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs.
Vermont Energy Investment Corporation or VEIC is a non-profit organization in Chittenden County, Vermont that seeks to reduce the economic and environmental costs of energy consumption through energy efficiency and renewable energy adoption.
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