VSECU has not only expanded its branch access to Southern, Vermont, but has expanded its gifting with a $10,000 contribution to help finish the final phase of a downtown Wilmington project.
The gift to The Wilmington Fund VT will be used to pay for lighting in a newly constructed parking lot and green space in downtown Wilmington as part of a matching grant for the Vermont Department of Buildings and General Services grant to the Mount Snow Valley Chamber of Commerce for a total contribution of $20,000. The Wilmington Fund VT contributed an additional $5,000 for the parking lot itself. The project is part of Wilmington’s Long-Term Community Recovery Plan resulting from the aftermath of Hurricane Irene.
According to Board Members John Gannon & Julie Lineberger, the Wilmington Fund VT has made a total of seven grants totaling $155,000 to support the economic revitalization of downtown Wilmington. “The purpose of the grants is to encourage existing businesses to reopen, help new businesses launch and create jobs in the Wilmington’s historic village center,” said John Gannon. As a result of these grants five local businesses have opened or are in the process of re-opening, including the iconic Dot’s Restaurant. “This gift from VSECU will bring to closure the funding needed to complete the project most needed to give people safe and convenient access for parking.”
The project is expected to be completed this summer.