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2011 Annual Report to the General Assembly - Vermont Housing ...

2011 Annual Report to the General Assembly - Vermont Housing ...

Conservation Awards July

Conservation Awards July 2010– December 2011 John Merck foundation funds. Total project costs: $190,500 Wayne Stearns (Kimball Farm, LLC), Ferrisburgh. $107,500 VHCB award to purchase conservation easement on 92 acres agricultural land near Lake Champlain facilitating affordable transfer to dairy farmer. Landowner bargain sale. $255,000 NRCS award. Total project costs: $545,500 Sunset Lake Farm II LLC, Alburg. $111,500 VHCB award to purchase conservation easement and Option to Purchase at Agricultural Value on 127 acres agricultural land. Tillage for an operating dairy; 90% prime and statewide soils; near Lake Champlain. $89,000 NRCS award. Total project costs: $200,500 Thibault Farm, Colchester. $230,000 VHCB award to purchase conservation easement and Option to Purchase at Agricultural Value on 199-acre dairy farm. Easement includes 500 ft. of Winooski River frontage. $302,500 NRCS funds. Total project costs: $632,500 East Hill, Woodstock Mixed use on a trail through land conserved by the Upper Valley Land Trust. Protected for permanent public use by the Green Mountain Horse Association, VAST and the general public. UVLT photo 16 Tyler & Melanie Webb, Fairfield. $117,500 VHCB award to purchase conservation easement and Option to Purchase at Agricultural Value on 100 acres agricultural land for transfer to organic dairy. $125,000 NRCS award. Total project costs: $273,500 Whitney Farmland, Richford. $52,500 VHCB award to purchase conservation easement and option to Purchase at Agricultural Value on 44 acres agricultural land. $40,000 federal NRCS funding. Total project costs: $102,500 Witherell (Suhr) OPAV, Shoreham. $105,000 VHCB award to purchase an Option to Purchase at Agricultural Value on previously conserved agricultural land. Grant facilitated purchase by Bill Suhr whose Champlain Orchard is near the Witherell land. Total project costs: $130,000 Organizational Development Grant. $66,500 award for organizational development costs. Total administrative budget: $3,636,000 Vermont River Conservancy Fletcher Access, Enosburgh. $120,285 VHCB award to purchase 9 acres on the Missisquoi River to be conserved and conveyed to the Village of Enosburgh Falls for a public fishing access and launching site for the Northern Forest Canoe Trail. Donation of land to Habitat for Humanity for development of 2 affordable homes. $20,000 grant from a private foundation; $41,965 in private fundraising. Total project costs: $182,250 Whiteside parcel, Middlesex and Worcester. $147,000 VHCB award for acquisition of 63 acres to conserve natural area. Vermont Department of Environmental Conservation River Corridor Management Easement along 2.3 miles of the North Branch of the Winooski River. Wildlife habitat, public access to river. Total project costs: $255,000 Organizational Development Grant. $25,000 award for organizational development costs. Total organizational budget: $300,000 Windmill Hill Pinnacle Association Athens Dome, Grafton. $295,039 VHCB award for acquisition of 195 acres for addition to multi-town nature reserve and trail system. Provides linkage between two trail systems—the northern terminus of the Windmill Hill Pinnacle Trail and a series of class IV roads and trails to be built through the newly-acquired land. $59,350 bargain sale; $36,050 raised locally. Total project costs: $331,089

Federal Housing Funds Awards Supplement v h c b Awards July 2010–December 2011 conjunction with state funds, vhcb In administers federal fund-ing for programs to develop housing, increase affordability, add support services, provide technical assistance, and leverage state and private dollars for land conservation in Vermont. h o m e Program Federal home Program funds are aimed at serving low- and very low-income Vermonters in housing developments meeting the priorities of the State Consolidated Plan. These funds help to cover project development costs, to create greater affordability in the projects, and to supplement vhcb funds. The Board administers the program on behalf of the Department of Economic, Housing and Community Development. Since 1992 vhcb has administered $61.4 million in home funds. Lead-Based Paint Hazard Reduction Program Funded by the u.s. Department of Housing and Urban Development, this program has been operating since , administering $9.6 million to reduce lead hazards in more than 2,000 homes and apartments statewide. v h c b AmeriCorps Program vhcb has operated this program for 13 years, co-sponsoring AmeriCorps members to serve with nonprofit housing and conservation entities statewide. vhcb has administered $4.7 million in funds for this program since . In 2011 the program placed 34 AmeriCorps members. Agency of Transportation te-21 vhcb has been awarded $2.4 million in te-21 funds to conserve land in proximity to state highways and enhance alternative transportation systems such as trails and bike paths. The “transportation enhancement” funds leverage state funds, providing another source of funds to conserve farmland and open land. Farmland Protection Program Through the usda Natural Resources Conservation Service, vhcb administers funds from this federal program to conserve farmland. These funds supplement Vermont’s state and private efforts, increasing the amount of farmland conserved. The Board has received $35 million in fpp funds for farmland conservation. A previous program, Farmland for the Future, brought $14.2 million in federal funds to Vermont for farmland conservation. Farm Viability Enhancement Program vhcb funding for this program is supplemented by federal funding administered by the usda Natural Resources Conservation Service and by usda Rural Development Rural Business Development grant funding. vhcb has served more than 300 farms with this program. h u d Economic Development Initiative Special Project Grants The Board administers these onetime federal grants that are designated by Congress for specific affordable housing, community and economic development, historic preservation and land conservation projects statewide. Since 8, the Board has administered nearly $25.5 million in Special Project Grants. fy10 grants include a land bank fund, capital funds for the Vermont Foodbank Farm, funding for new family and senior housing developments in Burlington, a housing preservation fund, redevelopment of Forest Park West, a 33-unit public housing development in Rutland, a housing technical assistance fund, and seed money for a Flex Capital Fund at the Vermont Sustainable Jobs Fund. Housing Opportunities for Persons with h i v/a i d s hopwa funds provide rental subsidies, emergency assistance and supportive services to persons living with hiv/ aids. This program was developed in collaboration with the Vermont hiv/aids Care Consortium, the Department of Health, the Persons with aids Coalition, the Vermont Center for Independent Living, and the aids service organizations. To date, vhcb has administered more than $6.9 million in hopwa funds. h u d Technical Assistance Program vhcb has administered more than $300, in various hud funds to provide training, operating support and technical assistance to nonprofit developers of affordable housing. vhcb uses hud technical assistance funds to develop and co-sponsor trainings. Neighborhood Stabilization Program Funds vhcb is administering $5.3 million in Neighborhood Stabilization Program Funds for housing developments involving the redevelopment of blighted or foreclosed upon properties in certain target areas of the state. a r r a State Energy Program The legislature allocated $2 million to vhcb in American Recovery and Reinvestment Act State Energy Program funds to improve the energy efficiency and add renewable energy systems to affordable multi-family housing. As of January 2012, the ARRA funds have been utilized in 725 apartments across the state. 17

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