News
Vermont Business Magazine By purchasing $125,000 in Vermont Housing Tax Credits last Friday, Union Bank supplied the equity needed to help approximately 125 households buy their first homes in Vermont this coming year.
by Mike Smith It was 1963 in Dallas, Texas, when an assassin, positioned on the sixth floor of the Texas School Book Depositary, shot and killed President John F. Kennedy as his open-roofed limousine rolled by. It stunned a nation, but the violence didn’t end there. For the next decade, there were more assassinations. Martin Luther King Jr. in April 1968.
Vermont Business Magazine Matt Dunne, Democratic candidate for governor, has submitted his latest campaign finance report with the Secretary of State’s office.
Vermont Business Magazine Democratic Candidate Sue Minter, announced that her campaign raised $405,452 for the July filing period stretching from March 13th through July 12th. Minter entered the final four weeks of the campaign with $278,447 on hand.
By Tera Dacek The name “Lawson” may make you think of Lawson’s Finest Liquids, one of Vermont’s most sought-after breweries. But when owner Sean Lawson returned to Vermont after living out West, it was to work in environmental science and forestry, not open up a brewery.
Vermont Business Magazine Before leaving for the summer recess, the US Senate Thursday night approved legislation championed by Vermont Senator Patrick Leahy (D) to make needed and long overdue reforms to several federal housing programs. The Housing Opportunity Through Modernization Act now heads to the President’s desk to be signed into law.
Vermont Business Magazine SouthFace Village at Okemo, an EB-5 project in Vermont, has been working closely with the Vermont Department of Financial Regulation (DFR) to secure the agency’s re-approval of its EB-5 offering. After a rigorous review process, DFR approved the EB-5 project’s updated Private Placement Memo (PPM).
by Timothy McQuiston Vermont Business Magazine The Vermont 2016 fiscal year ended June 30 and the final tax revenue report finished with a small shortfall, as expected. Personal Income taxes, the most important single revenue source, has been lagging all year, but finished the month ahead of its target.
Vermont Business Magazine Weekly unemployment claims fell deeply last week but remain slightly above typical summer levels. Claims in 2016 generally have been running above 2015 claims. For the week of July 9, 2016, there were 540 claims, down 199 from the previous week's total and 44 more than they were a year ago.
Vermont Business Magazine Norwich University signed a new agreement with Korea University and the Republic of Korea’s Army Reserve Officers’ Training Corps Cadet Command, for the semester long exchange of cadets between the two universities.
by Guy Page, Vermont Energy Partnership The asking price for the 13 TransCanada hydro dams on the Connecticut and Deerfield Rivers has passed $1 billion, Vermont Secretary of Administration Justin Johnson said Tuesday, July 12. The dams, totaling about 560 megawatts of power, were bought by TransCanada in 2005 for about $500 million.
Will help create opportunities for small and emerging businesses