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Swanton housing project beneficiary of latest recovery funds

Posted by: VHFA on August 26, 2009 - 3:48pm

The $1.4 million in American Recovery & Reinvestment Act funds awarded to Vermont today (Read our previous post about the award) will be used to finance Blake Commons, a 16-unit multifamily housing project in Swanton.

Blake Commons is being developed in partnership with Housing Vermont and Champlain Housing Trust. It'll provide homes to households at 50-60% of the area median income.

The site was previously a commercial meat-packing plant that was demolished, rezoned and permitted for residential housing units. It's an in-fill site adjacent to the town recreational fields and soon-to-be-developed Swanton Rail Trail, and is within walking distance to the elementary school.

The project is being designed to meet VHFA’s Green Building Standards.

Construction will begin next month.

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