Recent News

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"A Good Journey": Burlington Trolley Tours Hits the Road with Help from VCLF

Catherine Turyamureeba can’t forget the day she climbed into an Uber and uttered a few words providing directions to the driver. To her surprise, he immediately recognized her distinctive Ugandan accent. Catherine and her driver, Hannington Kasagga, shared that they’d both emigrated to Vermont from Uganda, as had Catherine’s sister, Barbara Asiimwe. A friendship - and then a business - was launched. Read More

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VCLF Tapped to Administer New $15 Million Career Technical Education Program

Following the Vermont State Legislature’s $15 million dollar appropriation to establish a new revolving loan fund supporting educational workforce development, the Vermont Community Loan Fund has been selected by the Vermont Housing and Conservation Board (VHCB) to develop and launch this new initiative. Read More

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With VCLF, a New American Entrepreneur Says 'Yes' to a New Bridal Showroom

New American entrepreneur Marina Smith made her dream of opening her own bridal showroom come true. But when the mall she leased from suddenly closed, she didn't know if she could finance a re-opening...until she met with the Loan Fund. Read More

VCLF's Learning Lab Opens New Doors

From the Loan Fund’s new home at 7 School Street in Montpelier, VCLF Director of Business Resources Elena Gustavson glances at the large, wall-mounted memo board in the all-new Learning Lab. It’s filled from top to bottom with calendar items for the next several months: dates for surveys, details from brainstorming sessions, conferences, presentation topics and more. “And there’s a lot more coming up,” Elena says, excitedly..Read More

VCLF Lends Over $1.9 Million in 2nd Quarter 2021, Surpassing 2020 Totals

In the second quarter of 2021, the Vermont Community Loan Fund made a record 47 loans totaling $1,912,189 and supporting hundreds of Vermont jobs, early care & learning programs and the families enrolled in them, financing affordable homes and supporting provision of essential services in Vermont’s communities. With a total of $3.9 million loaned year-to-date, VCLF has already surpassed our 2020 lending and impacts and is on track to have one of our most impactful years ever..Read More

VCLF's Fall 2021 NoteWorthy Newsletter is Here!

Read all about the determined VCLF borrowers who confronted the challenges of COVID-19 and re-strategized, relocated, re-committed and resumed business in these extraordinary times. Learn how the VCLF lending team has been breaking all previous lending records with their tireless efforts, borrower outreach, PPP loans...and more!.Read More