Projects are expected to bring 64 housing units online in Washington and Bennington counties
OFFICE OF THE GOVERNOR For Immediate Release Monday, September 16, 2024
Montpelier, Vt. – Governor Phil Scott and the Department of Economic Development today announced the Brownfields Revitalization Fund (BRF) – State Program is investing $1,594,500 to clean up two properties in Bennington and Northfield. Once completed, the projects are poised to bring 64 housing units online.
“Brownfield remediation is not only good for the environment but is also an important tool that can be used to revitalize communities,” said Governor Phil Scott. “These projects will help Northfield and Bennington redevelop vacant sites, create housing units, and bring jobs to their downtowns.”
“These investments are significant for anchor employers and workers alike who are eager to see new housing units become available,” said Economic Development Commissioner Joan Goldstein. “When BRF investments also create space for businesses and important community services, the versatile results have the potential to be transformative for the local economy.”
Below is information on the newly awarded grants from the Brownfields Revitalization Fund – State Program:
Northfield Village Development LLC
Location: Northfield, Washington County
Award: $94,500
Purpose: Construct a 25-unit apartment building on a vacant lot in Northfield’s downtown.
Anticipated outputs: Development of a 25-unit, fully accessible apartment building that will bring a vacant lot back into use while addressing the housing shortage. 1.1 acres will be mitigated.