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Fri July 27, 2012
$2 Million in Development Grants Okayed in Vermont
Governor Peter Shumlin is announcing nearly $2 million in Vermont Community Development Program grants.
Of the total, $600,000 will go toward renovation of a landmark building in the center of Morristown, the former Arthur's department store. Shumlin says that project will also create 18 units of affordable housing.
Other grants announced Friday include $325,000 to the Town of Brattleboro for a loan to Carbon Harvest, $500,000 to the Town of Ludlow and Housing Trust of Rutland County for infrastructure improvements to the Tuckerville Mobile Home Park.
In addition, St. Johnsbury received $300,000 which it will loan to the Gilman Housing Trust for the rehabilitation of 24 affordable apartments.
Other grant recipients include the Town of Westminster, the City of Barre and the Town of Jericho.
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