USDA, Rural Development grant of $110,215 for UVM – benefits affordable housing work

Source: Vermontbiz.com, July 7, 2011 “USDA Rural Development funds will be used by UVM Extension to strengthen and build community and economic development within three locally based non-profit organizations: Newport Renaissance Corporation, Gilman Housing Trust and Northeast Kingdom Community Action. UVM Extension will work with these local non-profits in order to build the skills necessary to  effectively and efficiently plan for and recruit new businesses,  promote trade and tourism, and to evaluate the quality of housing available in the region.  In the past these non-profits have hired consultants to conduct the proposed work which has not allowed these non-profits to retain these skills year after year. “This investment by USDA that provides technical assistance to established organizations in the Northeast Kingdom, is further evidence of the confidence we have in the continued growth and development of this region” stated Molly Lambert, State Director USDA Rural Development. “We are privileged to support this tremendous project.” USDA, through its Rural Development mission area, administers and manages more than 40 housing, business and community infrastructure, and facility programs through a national network of 6,100 employees located in 500 state and local offices. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America. Rural Development has an existing portfolio of more than $142 billion in loans and loan guarantees.”

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