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Towns receive millions in federal community development money

 MONTPELIER — Thirteen municipalities in Vermont will share in more than $4 million in federal dollars to provide economic development, low-income housing and recovery from Tropical Storm Irene. Wednesday, Gov. Peter Shumlin announced nearly $4.3 million in grants ranging from $19,000 to $850,000 from the state’s Agency of Commerce and Community Development. The grants are funded through the U.S. Department of Housing and Urban Development’s Community Development Block Grant Program. “Spring is coming and soon these grants will lead to construction projects across state that will help improve communities, grow jobs and spur economic growth,” Shumlin said. “From Lyndon to Wilmington, these projects will help our small towns complete disaster recovery projects, create more affordable housing and further develop their communities.”

“While targeted to the needs of lower income Vermonters, these projects will benefit their towns in many ways and for years to come,” said Patricia Moulton, secretary of the Agency of Commerce and Community Development. Continue Reading →

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