News Release
Release No.STELPRD4013614
ContactRobert McDonald(802) 828-6015
VERMONT ORGANIZATIONS RECEIVE FUNDS TO ASSIST HOME OWNERS
Montpelier, VT, Nov 08, 2011 --

@@Agriculture Secretary Tom Vilsack selected recipients in 50 states and the Commonwealth of Puerto Rico for grants to make critical repairs and improve housing conditions for low- and very-low-income rural residents.

The support Vilsack announced is provided through USDA Rural Development's Housing Preservation Grants (HPG) program. Funds are provided to intermediaries such as town or county governments, public agencies, federally recognized Indian Tribes, and non-profit and faith-based and community organizations. These organizations then distribute the grants to homeowners and owners of multi-family rental properties or cooperative dwellings who rent to low- and very-low-income residents.

Grants may be used to make general repairs, such as installing or improving plumbing or providing or enhancing access to people with disabilities. Funds may also be used to weatherize and make homes more energy efficient.

The following is a complete list of recipients. Funding is contingent upon the recipient meeting the terms of the grant agreement.

    • Central Vermont Community Land Trust – $50,000

    • Champlain Housing Loan Fund – $50,000

    • Gilman Housing Trust, Inc. – $83,306

    • Northeast Employment and Training – $83,306

    • Southeastern Vermont Community Action – $50,000

    • Vermont Center for Independent Living – $83,306

“Our investment under this program will leverage $733,000 of other sources of funds to help low and very low homeowners and renters”, said Molly Lambert, State Director USDA Rural Development. “We are proud of our partnerships with the organizations that serve these citizens of our state”, said Ms Lambert.

The funds will be used for weatherization, access modification for disabled residents, and essential home repairs.”

Since taking office, President Obama's Administration has taken historic steps to improve the lives of rural Americans, put people back to work and build thriving economies in rural communities. From proposing the American Jobs Act to establishing the first-ever White House Rural Council – chaired by Agriculture Secretary Tom Vilsack – the President wants the federal government to be the best possible partner for rural businesses and entrepreneurs creating job opportunities and for people who want to live, work, and raise their families in rural communities.

USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an existing portfolio of more than $155 billion in loans and loan guarantees. 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.  Visit http://www.rurdev.usda.gov for additional information about the agency's programs.

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