Leahy and Shumlin-announce-1-million-for-affordable-housing-project-renovation-of-waterbury-state-office-complex-building

WATERBURY – U.S. Sen. Patrick Leahy and Gov. Peter Shumlin today announced a $950,000 award from the Agency of Commerce and Community Development to redevelop Ladd Hall in Waterbury into 27 new homes. The project is made possible by a recent agreement by the state to transfer ownership of the building and include affordable housing in the redevelopment of the State Office Complex. Joining them was Regional Administrator Barbara Fields from the U.S. Department of Housing and Urban Development. The funding comes from the $21.6 million in Community Development Block Grant (CDBG) Disaster Recovery funds ACCD received from HUD to help the state recover from Tropical Storm Irene. The money is awarded to the Central Vermont Community Land Trust and Housing Vermont to spearhead the project. - See more at: http://vtdigger.org/2013/02/17/leahy-shumlin-announce-1-million-for-affordable-housing-project-renovation-of-waterbury-state-office-complex-building/#sthash.xJWGplad.dpuf

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http://vtdigger.org/2013/02/17/leahy-shumlin-announce-1-million-for-affordable-housing-project-renovation-of-waterbury-state-office-complex-building/