- Associated Press - Monday, June 9, 2014

SPRINGFIELD, Vt. (AP) - Two regional development groups in Vermont have been awarded $1.5 million in grants to help businesses recovering from Tropical Storm Irene.

Brattleboro Development Credit Corp. and Springfield Regional Development Corp. received the Community Development Block Grants for a second round of disaster recovery.

The Eagle Times reports (https://bit.ly/1kKe647) the development groups have provided grants for businesses affected by flooding since the August 2011 storm in Windham and Windsor counties. This funding is expected to assist with flood mitigation, engineering fees and insurance payments.

The groups have allocated about $1.25 million to 43 businesses since the storm. Businesses apply for the grants.

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Information from: Eagle Times, https://www.eagletimes.com


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