VERGENNES — The property at 345 East St. in Vergennes has just gotten a boost. Genevieve Smyth is rehabilitating the long-vacant, historic building in downtown Vergennes to provide affordable housing for individuals exiting homelessness, with referral support from local shelters.

Smyth recently received a grant from the Vermont Community Loan Fund to help with the project. Thanks to the grant, the building will be fully weatherized, partially restored, and modernized for safe, durable, and accessible use, contributing to local housing goals and zoning reform efforts.

VCLF has financed more than $8 million in mission-driven lending across the state in the first half of 2025, from family farms and food trucks to affordable housing and early childhood education. These investments reflect VCLF’s commitment to create a just and thriving Vermont by supporting entrepreneurs, preserving and creating affordable housing, improving community infrastructure, and expanding access to essential services such as childcare and mental health.