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Federal tax credits to help build affordable housing in five towns

Thu, 06/03/2021 - 3:21pm -- tim

Vermont Business Magazine The Vermont Housing Finance Agency (VHFA) Board of Commissioners announced last week that its annual allocation of federal housing tax credits will support the construction of 105 permanently affordable apartments in five communities across the state. The sale of the credits is expected to yield over $26 million in funding, which will cover over 60 percent of total development costs. The program is the largest single funding source for affordable housing development in Vermont.

Summer temperatures returning this weekend across Vermont

Thu, 06/03/2021 - 2:25pm -- tim
Local waterways still remain very cold
Vermont Business Magazine Summertime heat is expected this weekend and into early next week with high temperatures in the 80s and 90s. This comes on the heels of a cool, damp Memorial Day Weekend. It takes time for our bodies to adjust to being active in warmer conditions, and heat illnesses can be dangerous. That’s why the National Weather Service and the Vermont Department of Health are reminding people to stay safe and healthy as the thermometer rises.

Moody’s upgrades National Life’s financial strength rating

Thu, 06/03/2021 - 1:15pm -- tim

Vermont Business Magazine Ratings agency Moody’s Investor Service today upgraded the financial strength rating for the insurance companies of National Life Group. This marked the second upgrade within a month for National Life. Last month A.M. Best upgraded National Life’s ratings to A+ (Superior). Moody’s raised National Life’s financial strength rating to A1 (Good).

State launches $30 million bridge funding for COVID relief June 7

Thu, 06/03/2021 - 12:22pm -- tim

Vermont Business Magazine Governor Phil Scott, the Agency of Commerce and Community Development (ACCD) and the Department of Economic Development (DED) today announced the launch of the latest economic recovery funding for Vermont businesses. Opening on Monday, June 7, the Economic Recovery Bridge Program is expected to deliver $30 million in financial relief to businesses who have not received state and federal funding due to eligibility constraints and to businesses who can show a continued loss of revenues due to the COVID-19 pandemic.

USDA to measure Northeastern milk production

Thu, 06/03/2021 - 10:19am -- tim

Vermont Business Magazine Thousands of milk producers across the country will receive surveys from the US Department of Agriculture’s National Agricultural Statistics Service (NASS) as the agency collects information for the 2021 Milk Production reports. The dairy industry relies on monthly Milk Production reports to make decisions about the marketing of milk. By participating in the survey, milk producers can ensure that NASS provides timely, accurate and useful data that all sectors of the U.S. dairy industry use to make sound business decisions.

USDA to measure quarterly bee colony loss

Thu, 06/03/2021 - 10:11am -- tim

Vermont Business Magazine In July, the US Department of Agriculture’s National Agricultural Statistics Service (NASS) will be collecting information about colony loss in the honey industry throughout the United States. The Quarterly Colony Loss survey will be conducted over the period of June 2021 through July 2021. This survey collects information about colony inventory and loss from more than 400 producers with honey bee colonies in the Northeastern Region of the United States. 

Brock: Swatting flies while the house burns down

Thu, 06/03/2021 - 9:14am -- tim

by Senator Randy Brock Imagine waking up one morning and seeing crumbs all over the floor, dirty dishes in the sink and the house full of flies because someone left the back door open. Which problem should you deal with first?  None of the above -- because the smoke and flames should have alerted you that the house is on fire. But, instead of calling the fire department, you sweep up the crumbs, do a load of dishes and grab the fly swatter.

Julie Moore: Respect. Protect. Enjoy.

Thu, 06/03/2021 - 5:29am -- tim

by Secretary Julie Moore, Vermont Agency of Natural Resources June is Pride Month and 2021 marks the 51st celebration – a time when people come together in support of the LGBTQ community. June also marks the official opening of most Vermont State Parks and end of mud season restrictions on hiking trails throughout the state. The Vermont Agency of Natural Resources (ANR) stewards more than 350,000 acres of public lands on behalf of Vermont and our visitors as a source of inspiration and enjoyment for all. 

CSWD receives materials management infrastructure grant

Thu, 06/03/2021 - 4:34am -- tim

Vermont Business Magazine The Chittenden Solid Waste District has been awarded a grant worth $131,200 by the Vermont Department of Environmental Conservation (DEC), an arm of the Vermont Agency of Natural Resources, to be used toward capital infrastructure improvements to the Environmental Depot--CSWD's hazardous waste collection facility-- and enhanced food scrap collection at CSWD Drop-Off Centers.

ATHENA Young Professional Leadership Award call for nominations

Thu, 06/03/2021 - 4:04am -- tim

Vermont Business Magazine The ATHENA Young Professional Leadership Award program was founded in 2007 by ATHENA International to honor emerging women leaders who demonstrate excellence, creativity and initiative in their business or profession. Recipients must also demonstrate their commitment to service by contributing time and energy to improve the quality of life for others in their community while serving as a role model for young women personally and professionally.

104th Fighter Wing will conduct training flights in Southern Vermont

Thu, 06/03/2021 - 3:55am -- tim

Vermont Business Magazine The 104th Fighter Wing is scheduled to fly in and around Vermont during the month of June. The Barnes National Guard Base in Westfield, MA, said in a statement: "We do not want to alarm the residents around the local area who may be startled by the additional flying. The training is a critical part of our mission and allows us to accomplish core training tasks. We would appreciate your help in sharing this news, to help alleviate the local residents from being alarmed."