Community

$15,000 Home Buyer Grants Available!

 

Equity Builder Funds are available this week - that's up to a $15,000 grant for income qualified buyers.  Equity Builder Funds:

 

  • Assist eligible home buyers with up to $15,000 in down payment and closing costs;

     

  • Are available to households with incomes at or below 80% of HUD area median income based on property location;

     

  • Recipients must attend home buyer education/counseling program.

 

If the home owner remains in the home for 5 years, there is no repayment. If the home is sold within the first 5 years, the grant is paid back on a pro-rated basis.

 

Enrollment to eligible borrowers starts March 23, 2016, with a fully executed Purchase & Sale Agreement, completed application and income/asset verification.

 

Think you may qualify? Now is the time to reach out to us and your local lender for more details. This is a great opportunity to buy a home while there is a good inventory of homes to choose from, interest rates are low, and now you may have an additional $15,000 to put towards your down payment and closing costs!

 

AnC Bio VT to Break Ground This May!

As reported by The Orleans County Record (4/7/15), groundbreaking for the AnC VT facility in Newport City, VT is scheduled to begin on May 12th.  Construction is expected to take 14 to 16 months.  The facility will house three different activities - research and development of adult stem cell therapies for diseases such as cancer; making human medical devices such as heart pumps and liver & kidney dialysis machines; and, leasing out clean rooms to other biotech researchers.  Its Newport City location is central to the University of Vermont, as well as the big research universities in the New England and Eastern Canada regions.  Further, the new runway being built at the Newport State Airport in Coventry, VT will provide easier market shipments.  About half of the 400 to 450 jobs to be created are expected to be local workers, trained to make devices, with the remaining force being research scientists.  We look forward to the business this new facility will bring to the NEK, and with Newport's Main Street demolition well under way, we can't wait for the Renaissance Block to begin!  Click here for the April 7th media briefing by AnC/Bio's CEO Dr. Ike Lee with developer Bill Stenger.

Blood Drive, Tuesday, February 24th

The American Red Cross needs you! Well, they need your blood. Stop into the Newport Elks Club, 3736 U.S. Route 5 in Newport, VT this Tuesday, February 24th 11:30 a.m. - 5:30 p.m. All donors receive a FREE hot meal, courtesy of the Orleans Board of Realtors. Give the gift that saves lives! Walk-ins are welcome! Click here for more information or to set up an appointment.  

Winter Update

It's another beautiful sunny day here in the NEK!!  We don't let a little chill get the best of us.....as my Dad use to say, "There's nothing wrong with the weather, it's just your clothing!"  So bundle up everyone and get yourself down to the Gateway Center on Lake Memphremagog in Newport, VT this Sunday at 1:00 and watch the Penguin Plunge!  That's right - into the swim!!  All to raise money for the Special Olympics - great cause; great time - see you there!  Just one of the many reasons to love winter in the NEK!