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Municipal Revolving Loan Funds

Community Capital administers revolving loan funds on behalf of several Vermont municipalities.  In some cases, as with East Montpelier and Huntington, the loan fund is available for both small business and owner-occupied housing rehabilitation, with the latter services contracted out to a qualified nonprofit housing agency.

All of the resources associated with these municipal revolving loan funds originated with the Vermont Community Development Program.  The funds are generally restricted for use within the municipality and are targeted to low-to-moderate income individuals although there are some exceptions.

In all cases, it’s best to check with a Community Capital Loan Officer for more details on each fund. 

Town of Huntington

Small business loans of up to $5,000.  Use Community Capital’s business loan applications to apply.  Contact Senior Loan Officer Chris Rottler at 802-479-0167 for more information.  Interest rates are fixed at Wall Street Journal Prime minus two percent.

Owner-occupied housing rehabilitation loans of up to $5,000.  Contact Champlain Housing Trust’s HomeOwnership Counselor Donna Constantineau at 802-864-2610 or visit www.getahome.org.  Interest rates are fixed at Wall Street Journal Prime minus three percent.

Click here for the Huntington Revolving Loan Fund brochure in PDF.

Also, visit the Town of Huntington’s webpage devoted specifically to this revolving loan fund:  http://huntingtonvt.org/content/view/19/68/


Town of East Montpelier

Small business loans of up to $50,000. Use Community Capital’s business loan applications to apply.  Contact Senior Loan Officer Chris Rottler at 802-479-0167 for more information.  The same interest rates and fees apply as with Community Capital loans. 

Owner-occupied housing rehabilitation loans.  Contact HomeOnership Director Clarence Davis at the Central Vermont Community Land Trust at 802-476-4493 or visit www.cvclt.org.


Town of Barre / City of Barre

Small business loans of up to $50,000.  Use Community Capital’s business loan applications to apply.  Contact Senior Loan Officer Chris Rottler at 802-479-0167 for more information.  The same interest rates and fees apply as with Community Capital loans. 

Also, visit the Town of Barre’s website (www.barretown.org) and City of Barre’s website (www.barrecity.org) for information on their municipal services.