The Agency of Commerce and Community Development (ACCD) awarded $950,000 to fund the redevelopment of the Vermont State Office Complex’s Ladd Hall into affordable housing. The announcement was made last Friday, February 15, by U.S Senator Patrick Leahy and Governor Peter Shumlin. Funding for the project comes from the over $20 million in Community Development Block Grant (CDBG) Disaster Recovery funds that the ACCD received through HUD following Tropical Storm Irene. CDBG grants were awarded to five additional Vermont communities. These grants will fund affordable housing and community-strengthening initiatives across the state, and total over $1 million. View PDF of Full Press Release View Descriptions of CDBG Grants
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