Vermont Community Development Program Economic Development Grants
VCDP Economic Development Grants help Vermont municipalities support projects that create jobs and benefit low- and moderate-income residents.
About this program
The Vermont Community Development Program provides federal Community Development Block Grant funds to municipalities for eligible community and economic development projects. Economic development grants can assist projects that create or retain jobs, support business facilities, or improve infrastructure tied to economic opportunity, particularly where the project benefits low- and moderate-income people. Businesses typically participate through a municipality or eligible public applicant rather than applying directly.
Eligibility
Vermont municipalities applying for eligible economic development projects, often in partnership with businesses or nonprofits that create or retain jobs for low- and moderate-income residents.
Requirements
- Applicant must be an eligible Vermont municipality.
- Project must meet a CDBG national objective, usually benefit to low- and moderate-income persons.
- Funds must be used for eligible economic development or community development activities.