Vermont Economic Development Authority outlines loan programs, SSBCI deployment and statutory limits on housing
Cassie Polinas, chief executive officer of the Vermont Economic Development Authority, told the Commerce & Economic Development committee that VEDA lends statewide, manages federal and state revolving funds, is deploying roughly $60 million in SSBCI money and remains limited by statute from general housing financing except for narrow carve-outs.
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Cassie Polinas, chief executive officer of the Vermont Economic Development Authority, told the Commerce & Economic Development committee that VEDA operates like a lender for economic development, manages a portfolio of loans across the state and is the implementing entity for recently allocated federal SSBCI funds.
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