Governor Scott Announces $525,000 Grant to Support City Center Senior Housing

Today from South Burlington’s City Hall, Governor Phil Scott announced a $525,000 community development grant to the City. The federal Community Development Block Grant will help build City Center Senior Housing—39 units of affordable senior housing located in the City’s Tax Increment Finance District (TIF). Private developers Chris Snyder and Kevin Braverman will join forces with Cathedral Square, a non-profit affordable housing provider, to build new senior housing on Market Street. This is the first of many proposed projects located in South Burlington’s new City Center. South Burlington voters approved…

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PRESS CONFERENCE: SUPPORT IS STRONG FOR CITY CENTER PHASE I

The City of South Burlington has been working toward the development of a downtown—City Center—for decades. Over the last few years, new development has occurred in the district including Trader Joe’s, Pier One, Black Bay Housing (at the east end of Market Street), and most recently the new CVS Pharmacy. A critical component to move forward in making further development a reality includes investment in public infrastructure. The City has state legislative approval to implement a Tax Increment Financing (TIF) District in a portion of City Center. Some of the…

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