Vermont Community Loan Fund Lends $2.4 Million in 4th Quarter of 2012, Helping Create Jobs and Affordable Homes

The Vermont Community Loan Fund (VCLF) approved $2,400,606 in financing to Vermont’s small local businesses and affordable housing developers during the fourth quarter of 2012. “While it’s been more than a year and a half since Tropical Storm Irene, the fact is, many Vermonters are still struggling to recover significant losses. The Vermont Community Loan Fund continues to work to bring financial and other resources to speed that recovery,” said VCLF Executive Director Will Belongia. “With over $2.4 million lent out in our fourth quarter alone – and more than $5.1 million lent in 2012 – VCLF lending is focused on job creation at Vermont’s small businesses, on the restoration and building of quality, affordable homes and ensuring that vital community services are available throughout our state,” he  added.

Vermont Business Magazine

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