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Sanders announces $3 million in federal funds for affordable housing in Vermont

Wed, 08/05/2020 - 4:23pm -- tim

Vermont Business Magazine US Senator Bernie Sanders (I-Vermont) announced Wednesday that Vermont will receive $3 million from the National Housing Trust Fund to build, preserve and rehabilitate affordable rental housing for extremely low-income families. This is the fifth year in a row that Vermont will receive a $3 million allocation from the trust fund, which Sanders helped create. Sanders first introduced legislation to create the National Housing Trust Fund in 2001, based on the success of the Vermont Housing and Conservation Trust Fund. Administered by the U.S. Department of Housing and Urban Development and funded through a small assessment on the government-sponsored housing agencies Fannie Mae and Freddie Mac, the trust fund is the first new federal housing resource in more than a generation. It is also the first program exclusively targeted to help build housing that is affordable to people with the lowest incomes.

VDH COVID-19 Update: Five new cases, colleges prepare for students

Wed, 08/05/2020 - 4:11pm -- tim

Vermont Business Magazine Among the more complicated undertakings for pandemic response, are the efforts by Vermont’s universities and colleges – large and small – to prepare for welcoming back their students and staff. Health Department and other state agencies have been working closely with these secondary education institutions, providing guidance and information to assist in their planning. Also, the Vermont Department of Health today reported five new cases of COVID-19 for a statewide total of 1,436, with one person hospitalized and deaths holding at 57. Vermont has the fewest number of cases in the US.

VEDA: Submit PPP applications by Thursday before time runs out

Wed, 08/05/2020 - 2:11pm -- tim

Vermont Business Magazine The SBA Paycheck Protection Program application deadline is this Saturday, August 8th. All new PPP applications must be submitted to VEDA by 5 pm tomorrow, August 6th in order to be processed on time. The US Small Business Association, with support from the Department of Treasury, has implemented the Paycheck Protection Program, authorizing up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.

Winooski School District gets $57.8 million direct loan from USDA for new campus

Wed, 08/05/2020 - 1:51pm -- tim

​Vermont Business Magazine The United States Department of Agriculture (USDA) is investing $57.8 million to build a new campus for the Winooski School District (WSD). Funds will be used to renovate the existing educational facility infrastructure to modern educational standards and expand to serve one of the fastest-growing student populations in the state of Vermont. Through its Community Facilities Direct Loan & Grant Program, USDA Rural Development will provide and secure funding for the initiative.

Opinion: With bold steps, Vermont could lead nation in remote work

Wed, 08/05/2020 - 12:45pm -- tim

by Betsy Bishop, President of the Vermont Chamber of Commerce, and Aly Richards, CEO of Let’s Grow Kids When we look years ahead, how do we picture Vermont? Where are our workplaces centered, where are our homes in relation to our workplaces, and how do we see working parents in our state thriving? Vermont is in a pivotal moment. Amid the economic and emotional pain caused by the COVID-19 pandemic, the world is asking these questions and learning lessons about what community means, the necessity of innovation, and how to best live and work together.

Vermont Research News: What can VT teach the nation about COVID-19?

Wed, 08/05/2020 - 12:22pm -- tim

Vermont Research News Bill McKibben, the Vermont writer recently published a piece in the New Yorker, highlighting Vermont’s low COVID-19 death rates and exploring why. McKibben cites state leadership, high levels of social trust, competent health leaders that have been put front and center in the crisis, a fairly healthy population, and an active and engaged media among other factors.

GMP restores power to more than 36,000 customers, fewer than 2,300 to go

Wed, 08/05/2020 - 11:08am -- tim

Vermont Business Magazine Green Mountain Power (GMP) crews worked through the night to get the lights back on for more than 36,000 customers after Tropical Storm Isaias slammed Vermont with strong winds and heavy rain late Tuesday. Winds of 50MPH were the biggest problem, tearing down trees and power lines. Most of the damage was concentrated in the southern part of the state, from Bennington to Brattleboro and north along the eastern side of Vermont up through the Upper Valley area north of White River.

Kezzler & Trace announce cannabis supply chain partnership

Wed, 08/05/2020 - 9:48am -- tim

Vermont Business Magazine Trace and Kezzler, two leaders in their respective industries, are announcing the launch of their partnership today. The collaboration between Burlington-based Trace, the nation's most advanced hemp and cannabis seed-to-sale tracking solution, and Kezzler, a global leader in supply chain traceability and serialization technology based in Oslo will redefine supply-chain visibility in the hemp and cannabis industries.  

VDH COVID-19 Update: Health leaders push for school opening

Tue, 08/04/2020 - 5:52pm -- tim

Vermont Business Magazine Scientific evidence continues to support school reopening in Vermont. Health Commissioner Mark Levine, MD said at a press conference Tuesday that as new medical literature about COVID-19 continues to emerge, we must carefully consider and review each one for nuances and how the findings may apply to our policies and actions. The VDH also reported today that there were five new cases of COVID-19 for a total of 1,431. Vermont has the lowest case count and lowest positivity rate in the nation.

Gusty winds knock out power to more than 13,800 GMP customers already

Tue, 08/04/2020 - 5:31pm -- tim

Vermont Business Magazine Tropical Storm Isaias reached Vermont late this afternoon, bringing damaging winds that tore down trees and powerlines, knocking out power to more than 11,500 customers mostly in Bennington and Windham Counties. The storm is forecasted to roll north and exit Vermont around midnight. GMP is urging customers to be safe, be prepared in case of outages, and stay away from any downed lines or trees.

OneCare releases quality measure scores for performance year 2019

Tue, 08/04/2020 - 5:21pm -- tim

Vermont Business Magazine OneCare Vermont is announcing all available quality measure scores for Performance Year 2019. As an Accountable Care Organization (ACO), OneCare is accountable for both the quality and cost of health care for attributed Vermonters and is committed to supporting providers as they work to reach quality targets. Each year, health care organizations and providers in the ACO work to meet specific quality measures. Quality measures help OneCare assess health care processes, outcomes, and patient perceptions linked to high-quality health care delivery.