12.14.17

Leahy: USDA Economic Development Investments In Washington County This Year Now Top $5.1 Million

Senator Patrick Leahy (D-Vt.) announced Thursday that USDA economic development investments in Washington County now total more than $5.1 million during fiscal year 2017.  Area businesses, nonprofits and economic development organizations received 12 awards from the U.S. Department of Agriculture Office of Rural Development (USDA-RD) to assist with a diverse range of projects that included business assistance, capital for startup businesses and energy efficiency improvements. 

Leahy is a leading member of the Senate Agriculture Committee, which oversees USDA and handles the Senate’s work in writing Farm Bills, and he now also is the Vice Chairman of the Senate Appropriations Committee, which annually appropriates funds for the USDA.

Leahy said:  “These USDA investments are empowering local organizations and businesses to make our Vermont communities stronger.  The diverse nature of Rural Development’s programs mean that federal help can be pre-tailored to address distinct needs for each community.  As Congress begins writing a new Farm Bill in 2018, I’ll be focused on making sure that USDA-RD continues to have resources like these to invest in Vermont.”

USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure programs through a national network of state and local offices.  These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers to improve the quality of life in rural areas.

 

Grants

Organization

$34,380

Green Mountain Harvest

$144,091

Central VT Solid Waste Management District

$29,500

Center for Wholesome Communities

$30,000

Barre Historical Society

$45,116

Vermont Council on Rural Development

$11,906

Bear Roots Farm LLC

Loans

 

$250,000

Community Capital of Vermont

$2,400,000

Pitcher Inn Partners LLC

$1,000,000

VT Community Loan Fund

Loan/Grant

 

$605,000

Community Capital of Vermont

$575,000

Central Vermont Economic Development Corporation

Press Contact

David Carle: 202-224-3693