BRATTLEBORO >> G.S. Precision has received a $1 million Community Development Block Grant to help pay for the company's expansion at the Exit One Industrial Park. The grant is meant to pay for the acquisition of and expansion of buildings and infrastructure at G.S. Precision, resulting in the creation of at least 31 new jobs over the next two years and 100 new jobs over the next five years in Brattleboro.
Groundworks Collaborative, which operates the Brattleboro Area Drop In Center was also the recipient of a Community Development Block Grant in the amount of $30,000 to complete a feasibility study to determine if a building site will be financially feasible for the organization to consolidate and expand services to homeless and at-risk populations.
Adam Grinold, the executive director of the Brattleboro Development Credit Corporation, which is the subgrantee of the award to G.S. Precision, said the expansion project is "a 500-piece puzzle and CDBG is one corner of that puzzle. It's important and really makes it easier to place all the other pieces. At this time, as all the elements are coming together the BDCC, the town of Brattleboro and Agency of Commerce and Community Development are focused on helping to arrange all of these pieces."
The grants are part of $2.4 million released by the federal government and announced by Gov. Peter Shumlin on Friday morning.
"From Brattleboro to Barre, communities across Vermont will use these grants to create jobs, build affordable housing, expand services to their residents, restore historic buildings, and make their communities more resilient" said Shumlin.
"We are excited to be partnering with the private and nonprofit sectors to help carry out the visions of these communities," said Patricia Moulton, secretary of the Agency of Commerce and Community Development.
Other recipients of grants include: $150,000 to Barre that will allow the Montessori School of Central Vermont to acquire and retrofit the former Knights of Columbus building to serve as the organization's new and permanent home; $360,000 to Hartford to allow Bridge and Main Housing LP to build a new 17-unit apartment building on a vacant lot on Main Street; $498,000 to Waltham to redevelop a blighted mobile home park with 14-duplex style rental homes for affordable housing; $20,000 to Salisbury to undertake a feasibility study and financing plan to preserve and better utilize the historic Salisbury Town Hall by creating a town community center; $30,000 to Vergennes for predevelopment activities at Mary Johnson Children's Center, Inc.; $329,192 to Cambridge and the Village of Jeffersonville to implement two important flood mitigation measures; and $53,300 to Waterbury to assist with its home elevation pilot project to elevate eight historic homes on Randall, Elm and Union Streets.
The state awards approximately $7 million annually in competitive grants through the state's Department of Housing and Community Development. The grants are funded through the federal Community Development Block Grant Program of the U.S. Department of Housing and Urban Development.