I really like what VCLF does. It is vital to Vermonters to have funding resources available. The Loan Fund is an example of an organization that is important and effective both in our region and throughout the state and we are pleased to be long-time supporters.
The Vermont Community Loan Fund creates opportunities that lead to healthy communities and financial stability for all Vermonters. We provide loans, grants and supporting services for affordable housing, local businesses, child care providers and community organizations.
December 4, 2013
The Vermont Community Loan Fund, a 501(c)3 nonprofit, mission-driven lender, was today awarded Vermont Micro-Lender of the Year by the Small Business Administration (SBA) Vermont District Office. Seth Goodall SBA Region 1 Administrator and Darcy Carter, SBA Vermont District Director presented the award to VCLF Executive Director Will Belongia at a gathering at Montpelier’s Capital Plaza Hotel.
Since 2010, when VCLF began its collaboration with SBA, the Loan Fund has loaned a total of $986,959.94 in SBA funds to 42 small businesses and child care programs in the state. These loans have led to the creation of 67 new Vermont jobs, and the preservation of 96 existing jobs. In 2013, VCLF issued 18 SBA micro-loans totaling almost $450,000.Read more...
December 10, 2013
As part of its ongoing commitment to Vermont communities, the Citizens Bank Foundation has announced it has awarded a $5,000 grant to the Vermont Community Loan Fund’s Microlending Technical Assistance Program.
The Vermont Community Loan Fund (VCLF) provides equitable access to capital for the development of affordable housing, community facilities and organizations, as well as local businesses. Its Microlending Technical Assistance Program offers consulting and education to small and emerging Vermont businesses and entrepreneurs, helping them build their operations, financial health and impact.Read more...
The Vermont Community Loan Fund (VCLF) loaned $3,751,000 to Vermont’s small businesses, child care programs and affordable housing developers in the third quarter of 2013, helping create jobs, quality child care, and safe, affordable homes for Vermont’s families.
“Our lending is an essential catalyst for the Vermont economy,” said VCLF Executive Director Will Belongia. “But perhaps even more importantly, these loans are providing opportunity and the chance for greater self-sufficiency to many of the most vulnerable Vermonters,” he added.Read more...
August 12, 2013
Vermont's dairy cows are headed for Hollywood.A new documentary film, focusing on the innovative 'Cow Power' program, premiered in Rutland to rave reviews and will open in Los Angeles later this month.
Cow Power also offers a grants program available to Vermont dairy farmers, funded by Green Mountain Power and administered by the Vermont Community Loan Fund.
"Cow Power – the Film" tells the story of the program that helps Vermont dairy farms convert their farm waste into renewable energy. Manure is collected and processed by a methane digester, creating an environmentally-friendly, sustainable energy source.Read more...
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