St. Albans City Council Regular Meeting Agenda May 11, 2026
City subgrants CDBG home repair funds to CHT
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Description
St. Albans City will subgrant $685,000 in Community Development Block Grant funds to Champlain Housing Trust to continue the Champlain Housing Loan Fund, providing home repair financing and counseling services for low- and moderate-income homeowners and landlords. The agreement runs from December 12, 2025 through December 31, 2026 and supports rehabilitation of 26 units plus housing counseling activities.
Contract Details
Contract Amount
$685,000
Vendor
CHAMPLAIN HOUSING TRUST
Agency
City of St. Albans, VT
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Award Start Date: 12/12/2025 – Award End Date: 12/31/2026
Renewal Date
2026-12-31
Renewal Info
Single CDBG grant-funded subgrant under VCDP; any continuation beyond 12/31/2026 would require a new grant award and subgrant agreement. Program income will continue in a revolving loan fund governed by a Closeout Agreement per VCDP procedures.
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