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A quick roundup of development-related news from around the nation.
In recent years, Lake Champlain has been plagued by blue-green algae blooms that periodically become toxic.
Newly enacted legislation in Vermont includes two new programs to support the establishment and growth of local firms and high-tech companies.
State agencies, private companies, universities, alumni networks and business associations are partnering on the effort.
The new department will focus exclusively on supporting businesses and attracting new employers to Vermont. The change won't require any additional state employees.
Applications for funding are being accepted by Vermont's Department of Economic, Housing and Community Development from towns, businesses, farms and other groups affected by flooding last year.
Maine: The Aroostook County Action Program Inc. (ACAP) receives certification as a Community Development Entity (CDE), making it eligible for Community Development Financial Institutions Fund money from the Treasury Department. As a result, ACAP can benefit from are the New Markets Tax Credit (NMTC...
A downtown revitalization project in Morristown, VT receives the bulk of projects financed using a portion of CDBG funds through the state Department of Commerce and Community Development.
HUD grants the state of Vermont a long-sought federal waiver that allows state officials to use $4.5 million of CDBG disaster recovery funding in areas outside those initially designated to receive money. HUD issued $21.6 million in disaster recovery funds to Vermont in January to address damage ca...
The White House approves a 15% increase in disaster recovery dollars for Vermont, which could mean as much as $30 million in additional funding for a state struggling to recover from Tropical Storm Irene. The move follows requests for increased funding from Vermont Gov. Peter Shumlin (D) and the sta...