Leahy, Sanders, Welch Announce $1.4M In Affordable Housing Grants

Leahy, Sanders, Welch Announce $1.4M In Affordable Housing Grants

WASHINGTON – (RealEstateRama) — Senator Patrick Leahy (D-Vt.), Senator Bernie Sanders (I-Vt.) and Representative Peter Welch (D-Vt.) Thursday announced more than $1.4 million in NeighborWorks America grants to revitalize communities and support access to affordable housing across Vermont.

NeighborWorks America is a public nonprofit established by Congress to invest in revitalizing communities and preserving affordable housing across the country. In Vermont, five NeighborWorks affiliate organizations receive these annual funds to support homeownership counseling, the creation of much-needed new affordable housing, home repair and energy efficiency assistance grants. Since its creation, NeighborWorks has been recognized for its partnership between community, public and private stakeholders that successfully leverage an average of $50 in other investments for every $1 appropriated.

In a joint statement, Leahy, Sanders and Welch said: “Every Vermonter should have the peace of mind that comes with a safe and affordable home. This year’s allocation is a step toward achieving that goal and a common sense investment in our communities. Vermont’s NeighborWorks partners are nationally recognized for the innovative housing and community development practices seen throughout this state and are a critical part of our communities as they tackle some of our toughest challenges. We are fortunate to have the leadership of these organizations, and remain glad to support these grants.”

As the most senior member of the Senate Appropriations Committee, Leahy has led the request for increased annual funding for NeighborWorks America. Last year, Leahy also led a bipartisan letter with Senator Roy Blunt (R-Mo.) urging the Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies to continue strong support for NeighborWorks.

NeighborWorks America awarded five grants to Vermont’s affiliates totaling $1,467,000.

Champlain Housing Trust $390,000

Downstreet Housing and Community Development $205,000

NeighborWorks of Western Vermont $330,000

RuralEdge $247,000

Windham & Windsor Housing Trust $295,000

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