July 30, 2012
Gov. Peter Shumlin announced today that the former Arthur’s department store, a landmark building in the center of Morristown, will be renovated into new commercial space and affordable apartments with the help of a $600,000 grant from the state.
The downtown revitalization project was one of seven Vermont Community Development Program grants totaling nearly $2 million awarded by Commerce and Community Development Secretary Lawrence Miller at a ceremony in Morristown.
The building that was once home to Arthur’s has been vacant since its owners retired.
“This funding will help restore an historic building and economic activity in the heart of downtown,” said Gov. Shumlin. “It will also create 18 units of much needed affordable housing. This is just one of several grants that will bring jobs and new homes to communities across the state.”
“In addition to helping municipalities meet the needs of their residents, VCDP grants often serve as building blocks for community revitalization,” said Secretary Miller. “Morristown, with the support of the Vermont Council on Rural Development, prioritized its goals for the future, including the redevelopment of downtown buildings. Our agency is pleased to support its goals with this funding. Building stronger communities is central to our mission. ”
Morristown will subgrant the funds to Housing Vermont and the Lamoille Housing Partnership which will develop and manage 18 new apartments for low and moderate-income Vermonters on the upper floors of the building. Commercial space will be created on the street level.
Other grants announced at the ceremony include $325,000 to the Town of Brattleboro for a loan to Carbon Harvest, which will complete the final fit-up of its agricultural facility and create nine new jobs. The project will enable Carbon Harvest to implement year-round growing systems and permanent employment. Located at the closed Windham Solid Waste Management landfill, the facility uses waste heat from on-site methane fueled combined heat and power to warm its greenhouse and aquaculture facilities.
The Town of Ludlow and Housing Trust of Rutland County were awarded $500,000 for infrastructure improvements to the Tuckerville Mobile Home Park. In addition, the Town of St. Johnsbury received $300,000 that it will loan to the Gilman Housing Trust for the substantial rehabilitation of 24 affordable apartments.
Other grant recipients include the Town of Westminster, which will loan $150,000 to the Windham & Windsor Housing Trust for the renovation of multi-family residential building increasing the total number of affordable units to six. The City of Barre was awarded a $30,000 planning grant to complete work related to the Merchants Row Redevelopment Project and the Town of Jericho received a grant of $28,000 to develop plans for making its historic library fully compliant with the Americans with Disabilities Act accessibility requirements.
The Vermont Community Development Program money comes from the approximately $7 million Vermont receives annually in Community Development Block Grant funds from the U.S. Department of Housing and Urban Development, which must be used principally to benefit persons of low and moderate income. The awards leverage more than $13 million in other funds from private and public sources.
The state awards the competitive grants based on recommendations of the Vermont Community Development Board and approval of Secretary Miller.
Source: Office of the Governor
Last Updated at: July 30, 2012 07:47:09