After a housing authority in Southern Vermont failed to pass an inspection by the US Department of Housing and Urban Development earlier this year, the agency must now submit a corrective plan to federal authorities to address its inadequacies. WAMC’s Lucas Willard reports…
The Bennington Housing Authority was initially notified by mail this month that it was designated as “substandard”, and now has until December 30th to submit a corrective plan to the US Department of Housing and Urban Development Region 1.
The Select Board in Bennington has approved an agreement with the Vermont National Guard that will allow the town to acquire the Bennington armory if and when a new one is constructed for the local unit.
The town broached the idea of exchanging the properties in June 2011 as a potential spot for a new readiness center to replace the local Vermont National Guard headquarters. The Guard had been looking at multiple sites in Bennington County.
The town of Bennington, Vt., is looking at boosting the amount people can borrow under its business loan program.
The proposed change would allow people to borrow from $25,000 to $100,000 to start or expand a business.
Officials tell the Bennington Banner the language and requirements of the existing municipal loan program date back to the late 1990s. They said commercial banking and lending requirements have changed a lot since then.