New Americans contribute significantly to Chittenden County’s housing values, GDP, and job market according to a new report released by the Champlain Valley Office of Economic Opportunity (CVOEO). This report addresses the negative stereotypes surrounding immigrants, documenting the wide range of benefits provided by our New American neighbors.
Vermont Business Magazine Vermont State Treasurer Beth Pearce has joined a bipartisan coalition of State Treasurers from across the country to urge the U.S. Department of Labor to fully implement the Fiduciary Rule to protect citizen investors from potential harm.
Vermont Business Magazine Below is the reaction of Senator Patrick Leahy (D-Vt.) to President Trump’s decision to tighten restrictions on travel and trade between Americans and Cuba. Leahy, the Vice Chairman of the Senate Appropriations Committee and Ranking Member of its Subcommittee on the State Department and Foreign Operations, for two decades has led in pressing for reform of the failed five-decades-old U.S. policy on Cuba. Leahy and Sen.
Vermont Business Magazine Vermont Attorney General Thomas J Donovan, Jr, is working with a bipartisan coalition of a majority of Attorneys General from across the country in an ongoing investigation to evaluate whether manufacturers have engaged in unlawful practices in the marketing and sale of opioids. The Attorneys General are investigating what role the opioid manufacturers may have played in creating or prolonging this epidemic.
Vermont Business Magazine Weekly unemployment claims rose a moderate amount last week but remain under 400, which is low even for the typically low summer-time claims. There still could be some volatility coming soon after school lets out. Claims spiked to over 1,100 seven weeks ago and then again two weeks ago before falling steeply. Claims are lower than they were the same time last year, which has been the usual case for most weeks in 2017.
Vermont Business Magazine US Senator Bernie Sanders (I-Vermont) announced Thursday that Vermont will receive $3 million from the National Housing Trust Fund. The funds will be used to build, preserve, and rehabilitate affordable rental housing. Sanders helped lead a 15-year effort to pass and fund the National Housing Trust Fund. Last year, the first year of the new program, Vermont was also awarded $3 million to help provide housing for extremely low-income families.
Vermont Business Magazine Springfield Regional Development Corporation announced that it has received financing of $625,000 from the Vermont Economic Development Authority (VEDA) to assist with the redevelopment of roughly 35,000 square feet of the former Bryant Grinder facility in Springfield. SRDC will utilize the VEDA funds to continue repairs to the southern portion of the building to prepare it for future occupancy. Bob Flint, SRDC Executive Director, said that the support from VEDA comes at a critical time.
Vermont Business Magazine Vermont dairy workers will lead a historic 13 mile march through the state’s iconic rural landscape, culminating at the Ben & Jerry’s factory and tourist destination. Organized by Migrant Justice, workers and allies are calling on the ice cream company to source its milk in compliance with the human rights of dairy workers by joining Migrant Justice’s Milk with Dignity Program.
Vermont Business Magazine The board of the J Warren & Lois McClure Foundation, a supporting organization of the Vermont Community Foundation, announced that it has elected Lois McClure as president emerita, Barbara Benedict as president, and Rebecca Henry as vice president. The transition brings together three generations of the McClure family to lead the foundation and its work to make career and college education accessible to all Vermonters.
Vermont Business Magazine The J Warren & Lois McClure Foundation, a supporting organization of the Vermont Community Foundation, has announced $381,395 in grants for the 2017-18 school year to programs promoting career and college education for Vermonters with a focus on low-income students, first-generation college students, adult learners, and veterans. The McClure Foundation is guided by a vision of a vibrant Vermont economy in which no promising job goes unfilled for lack of a qualified applicant.
Vermont Business Magazine 1,225 Vermonters were found to be literally homeless on a single night in January. The 2017 Point-in-Time Count Report, released by the Vermont Coalition to End Homelessness and the Chittenden County Homeless Alliance, showed an overall increase in homelessness by 11% compared to the 2016 Point-in-Time Count. While there was an overall statewide increase, there were striking regional differences, including decreases in Chittenden (-12%) and Franklin (-17%) counties.
Vermont Business Magazine Bluehouse Group, a digital marketing and web design firm, has hired Michelle Massa as the company’s marketing director. Massa brings nearly 20 years of marketing and business development experience in local and global markets. She will manage marketing operations within Bluehouse Group and provide expanded online marketing services to help clients reach their marketing goals.