Vermont Housing Conservation Board 2005 - Vermont Housing and ...

Housing Awards July 2004 –June 2005
Organizational Development Grant. 23,000
for organizational development costs. 12,500
HOME Program award. Total organizational
budget: 1,220,000.
Addison County Parent Child Center
18 Elm Street, Middlebury. 187,000 award
for rehabilitation and related expenses
of 9 transitional housing units and one
rental unit for young parents and at-risk
adolescents, as well as one staff apartment.
220,000 HOME Program award. Total
project cost: 877,000.
Brattleboro Area Community Land Trust
Brattleboro Transitional Housing, Brattleboro.
375,000 award for acquisition and
rehabilitation of 3 multi-family rental properties
to provide permanent and transitional
housing for 15 low- and moderate-income
single and expectant mothers with supportive
services. 383,360 HOME Program
award. Total project cost: 2,502,160.
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Senator Jeffords sprang into action to secure federal funds for the
Wilder Block in Brattleboro, following a fire that devastated the upper
floors. The Brattleboro Area Community Land Trust will rebuild this
historic downtown block, developing affordable apartments, office and
commercial space using VHCB, Vermont Community Development
Program and federal funding. Senator Jeffords' long-standing commitment
to housing issues resulted in a change to the federal regulations that has
provided an additional $11 million of federal low income housing tax
credit equity per year for Vermont over each of the last five years.
Addison County Community
Action Group
Creek View Housing, Vergennes. 100,000
Special Project Grant for rehabilitation and
related expenses of 19 affordable units in a
36-unit family rental development in five
buildings near downtown Vergennes. Total
project cost: 3,716,725.
Smallest City Housing, Vergennes. 124,500
additional Special Project Grant for rehabilitation
of 19 apartments in 2 historic
buildings on Main Street. Total project costs:
3,370,427.
Addison County Community Trust
Stone Hill Apartments, Middlebury. 260,000
award for acquisition, construction and
related expenses of 22 affordable units in a 27-
unit multi-family rental development close to
downtown. 415,000 HOME Program award.
Total project cost: 4,798,143.
Lindale Mobile Home Park, Middlebury.
340,000 award for acquisition and infrastructure
rehabilitation of a 67-lot park within
walking distance to downtown, schools and
services. 50,000 HOME Program award.
Total Project cost: 1,590,000.
Butterfield Common, Dover. 45,000 additional
award for construction and related
expenses of 40-unit family and senior rental
housing and homeownership development.
Total project cost: 6,769,269.
Sadawga Springs Apartments, Whitingham.
247,500 for acquisition, rehabilitation and
related expenses for 9 affordable rental units
in renovated historic hotel in town center.
190,000 HOME Program award. Total
project cost: 1,787,500.
Wilder Block, Brattleboro. 200,000 award
for rehabilitation and related expenses for 8
affordable rental units, 2 commercial spaces
and 5 offices in the historic Wilder Building
on Main Street destroyed by a fire. 62,500
HOME Program award. 384,000 HUD
Special Project grant. Total project cost:
2,760,145.
Organizational Development Grant. 40,000
for organizational development costs. 19,160
HOME Program award. Total organizational
budget: 835,493.