Treasurer Pieciak announces housing, climate investments
RUTLAND, Vt. (WCAX) - Vermont’s treasurer on Monday announced a big investment in housing and climate initiatives.
Mike Pieciak announced details of the “10% in Vermont” local investment program Monday afternoon in Rutland. The program authorizes the treasurer to invest up to 10% of the state’s average daily cash balance for economic development in Vermont.
Some $85 million in long-term loans for housing and climate projects will be available at what he says are favorable interest rates.
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