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Council pauses consideration of Winooski small business loan applications pending finance commission review

5211782 · April 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff recommended a pause to accepting new small‑business loan applications while the finance commission reviews program structure and funding; council approved the pause and directed staff to return after the commission’s recommendation.

Winooski City Council voted April 21 to pause considering new applications for the Winooski small business loan program while the city and the finance commission review the program’s guidelines and funding structure.

City staff said the pause is recommended because the current fund balance and the program’s structure may…

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