Public hearing on post-VY funds set for July 10 in Brattleboro

BRATTLEBORO — On Thursday, July 10, the Vermont Agency of Commerce and Community Development (ACCD) and the Vermont Economic Development Authority (VEDA) will hold a public hearing from 5:30 to 7 p.m., in the Selectboard Meeting Room at the Brattleboro Municipal Center, 230 Main St.

This meeting will take public comment on utilizing a portion of the $10 million made available through the Memorandum of Understanding (MOU) between the state of Vermont and Entergy Vermont Yankee to establish a Windham County Revolving Loan Fund (RLF) administered by VEDA.

The RLF would be part of the Windham County Economic Development Program under development by ACCD to implement the MOU.

VEDA says it has the necessary infrastructure to set this up quickly, as it did in past efforts like the Irene Recovery Funds. It also has the infrastructure to do the necessary underwriting and servicing of these loans.

ACCD and VEDA seek input from the region on this concept. Participants are asked to arrive between 5:30 and 6 p.m. to sign up to speak.

Those unable to attend the hearing may submit written comments via email to [email protected]. Limit comments to the subject matter of the public hearing as described below. Comments will be accepted until July 10 at 4:30 p.m. More information available at accd.vermont.gov/business/WCGP.

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