Photo by Terry J. Allen of downtown Montpelier in July 2023.
NOTICE OF FUNDING OPPORTUNITY
Vermont Business Magazine The Vermont Agency of Commerce and Community Development (ACCD), Department of Housing and Community Development (DHCD) will receive $67,845,000 from US Department of Housing and Urban Development (HUD) in Community Development Block Grant - Disaster Recovery (CDBG-DR) funds in response to Vermont's July 2023 flooding events (FEMA Disaster Declaration 4720). These funds will help communities with the necessary expenses related to disaster relief, long-term recovery, and the restoration of infrastructure and housing in the most impacted and distressed (MID) areas.
The Federal Register mandates $54,276,000 must be used to serve communities in the HUD-Identified MID areas (Lamoille and Washington Counties) while the remaining $13,569,000 may be used to address unmet needs in the State-Identified MID areas (Caledonia, Orleans, Rutland, Windham, and Windsor Counties).
All eligible projects MUST have an unmet need with a direct tie-back to DR-4720 (July 2023) and primarily benefit low- and moderate-income (LMI) households and individuals.
ACCD is currently providing technical assistance for prospective Disaster Recovery projects located within the HUD- or State-Identified MID areas.
Contact CDBG-DR Staff at [email protected] to schedule a technical assistance call.
DHCD formally submitted the CDBG-DR Action Plan to HUD on June 6, 2025. HUD has 45 days to approve the plan. Once approved, DHCD will provide additional guidance and guidelines for applying for the CDBG-DR funds.
Agency of Commerce and Community Development ACCD’s CDBG-DR website
To support vital journalism, access our archives and get unique features like our award-winning profiles, Book of Lists & Business-to-Business Directory, subscribe HERE!
