In the neighborhood targeted for renewal, Governor Peter Shumlin today announced a $1.25 million Vermont Community Development Program award to the City of Rutland. In partnership with the Rutland Redevelopment Authority, NeighborWorks of Western Vermont will use the funds to improve blighted properties and create homeownership opportunities. The funding is one element of a broader revitalization effort that also includes infrastructure improvements, a new vacant building ordinance, municipal tax stabilization, public safety measures, community building and gardens.
Read the full article here: http://www.vermontbiz.com/news/july/governor-awards-125-million-community-development-grant-rutland