Vermont Business Magazine The Legislature allocated $50,580,000 of this funding across two new grant programs — the Capital Investment Program (CIP) and the Community Recovery and Revitalization Program (CRRP) — and authorized the Department of Economic Development (DED) to design them. Under CIP, grant awards were limited to the lesser of $1.5 million or the estimated net State fiscal impact (NFI) of the project which was to be calculated by the Legislature’s and Administration’s economists.
The office of the Vermont State Auditor Accounts released an audit of the programs today, of which it took several issues. See story HERE.
Below are the associated maps and tables documenting the entities that received the CIP and CRRP awards and dollar amounts.
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