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$1.3 million coming for Burlington housing

Posted by: VHFA on October 30, 2009 - 10:02am

thayer schoolMore than $1.3 million in federal neighborhood stabilization program funds are coming to Burlington to support housing.

Approximately $1 million of the allocation will allow Champlain Housing Trust (CHT) to purchase, renovate and resell six to eight homes.

The balance will be administered by Housing Vermont to convert the Thayer School (pictured) on Burlington's North Avenue into 100 units of family and elderly housing.

Vermont has received a total of $19 million in neighborhood stabilization program grants.