Addison County Economic Development Corp.
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Direct Loan Program - Subchapter 5
The Direct Loan Program is designed to finance the establishment or expansion of "eligible facilities" through the acquisition, construction and installation of fixed assets and is VEDA's most actively used loan program. VEDA presently has more than $33 million outstanding to over 130 Vermont companies through this loan program.

Local Development Corporation Loans -
Subchapter 3
Loans to nonprofit local development corporations are available through VEDA's Subchapter 3 program. "Spec" buildings and incubators can provide low cost, flexible leased space for businesses which prefer not to own their own facility.

Industrial Revenue Bonds - Subchapter 4
The Industrial Revenue Bond program is designed to aid businesses through VEDA's issuance of tax-exempt, low interest bonds. Regulations relating to bond issuance are determined by the Federal Tax Code.

Mortgage Insurance Program - Subchapter 2
The Mortgage Insurance Program is designed to aid businesses by insuring loans made by commercial banks.



1590 US Route 7s - Unit 2
Middlebury VT 05753
tel: (802) 388 7953     fax: (802) 388 0119