Vermont’s governor is outlining how he would like the state to use the money it will receive from the American Rescue Plan.
Republican Gov. Phil Scott said at his COVID-19 briefing Friday he wants to divvy up the funds in five ways: $250 million for rural broadband expansion, nearly $250 million for the largest housing investment in the state’s history; $200 million to reduce greenhouse gas emissions; $170 million for water, sewer and stormwater infrastructure investments; and $143 million in economic development funds for small businesses.
“I look forward to working with the Legislature in order to take advantage of this once in a lifetime opportunity to make monumental and transformative investments," Scott said.
The state is slated to receive $1.35 billion in American Rescue Plan funds.