Vermont Business Magazine State Treasurer Mike Pieciak announced Wednesday that the application for the “10% in Vermont” program is now available on the Treasurer’s website at: http://www.vermonttreasurer.gov/content/cash/local-investment-advisory-committee
Additionally, a link to a webinar from earlier this week discussing the expanded program is now available on the website. Prospective applicants are encouraged to review the program details to ensure a complete application.
Last week at the Bardwell House in Rutland, Pieciak announced an expansion of the program that authorizes the Treasurer to invest up to 10% of the State’s average daily cash balance for economic development in Vermont.
“It is exciting to be one step closer to making this expanded funding available for projects throughout Vermont,” said State Treasurer Mike Pieciak. “We continue to spread the word about the available funding and there is already a lot of interest from projects that will advance the important policy goals that have been identified.”
The Treasurer’s Office and the Local Investment Advisory Committee (LIAC) have identified housing, the reduction of Vermont’s carbon footprint, and social equity as lending priorities under the expanded program. Projects in one or more of these areas will be given priority.
Applications are due June 1, 2023. Prospective applicants may email [email protected] with questions that remain after reviewing the online materials linked above.
Source: 4.19.2023. Montpelier, VT – State Treasurer
