Vermont Energy Investment Corporation, in partnership with Vermont Housing & Conservation Board and Champlain Housing Trust, has received a $350,000 grant from the Doris Duke Charitable Foundation. The two-year grant will be used to demonstrate how deep energy efficiency retrofits in single- and multi-family residences can make housing permanently and comprehensively affordable by reducing energy usage and costs.In addition to establishing energy usage as a significant component of housing affordability, the project will also show how various sources of government funding might be harnessed to finance energy efficiency retrofits.‘This exciting partnership will help us to demonstrate how deep investment in energy efficiency can support housing affordability,’ said Scott Johnstone, Executive Director of Vermont Energy Investment Corporation. ‘This is a win-win project that will provide a roadmap for achieving the twin goals of reducing energy usage and addressing the need for affordable housing in our community.’The project will target at least five single-family residences for deep energy efficiency improvements. The goal of these improvements is to achieve energy savings of at least 50%, and potentially much higher. The homes, recently acquired following foreclosure, will then be sold to low-income households and be made permanently affordable through the Champlain Housing Trust’s programs.Three multi-family buildings in West Rutland, Enosburg, and Windsor, financed in part by the Vermont Housing & Conservation Board, will receive substantial energy efficiency improvements, again targeting energy savings of at least 50%.‘This is an exciting time in building energy science and this funding will help us determine what level of energy retrofit measures makes financial sense for permanently affordable rental housing. We are grateful for the opportunity presented by this generous award and will apply the findings to increase energy efficiency in Vermont’s portfolio of multi-family housing,’ said Gus Seelig, Executive Director of the Vermont Housing & Conservation Board.A comprehensive set of energy efficiency and renewable energy measures will enable the expected very high level of projected energy savings. These will include building shell improvements such as air sealing and insulation; heating system improvements such as advanced control biomass heating systems; electrical efficiency improvements such as super-efficient LED lighting; and renewable energy systems such as solar domestic hot water heating systems.‘We are thrilled to collaborate with these two partners to demonstrate how effective, targeted use of resources can create lasting assets for low-income households and our communities,’ said Brenda Torpy, Chief Executive Officer of the Champlain Housing Trust.This project was one of nine projects selected to receive funding through the Doris Duke Charitable Foundation’s national competition soliciting ideas for scalable approaches to spurring energy efficiency retrofits of existing buildings in the United States. Launched in April 2010, the selection process was highly competitive, with 372 pre-proposals submitted by organizations in 44 states. The process included review by a panel of experts in real estate, finance, construction, efficiency technologies and government policies. More information on the competition can be found at www.ddcf.org/retrofits(link is external).About VEICThe Vermont Energy Investment Corporation is a mission-driven nonprofit organization, founded in 1986, dedicated to reducing the economic, social, and environmental costs of energy consumption through cost-effective energy efficiency and renewable energy technologies. VEIC has consulted in 25 states, 6 Canadian Provinces and 7 countries outside North America to design programs that reduce energy use through energy efficiency and renewable energy. In addition, VEIC operates Efficiency Vermont ‘ the nation’s first statewide energy efficiency utility ‘ as well as other implementation services across the country. For more information: www.veic.org(link is external)About VHCBThe Vermont Housing and Conservation Board is an independent, state funding agency providing grants, loans and technical assistance to nonprofit organizations, municipalities and state agencies for the development of permanently affordable housing and for the conservation of important agricultural land, recreational land, natural areas and historic properties in Vermont. www.vhcb.org(link is external)About Champlain Housing TrustThe Champlain Housing Trust, founded in 1984, is the largest community land trust in the country. Throughout Chittenden, Franklin and Grand Isle counties, CHT owns or manages over 1,500 apartments, stewards 485 owner-occupied homes in its signature shared-equity program, provides services to five housing cooperatives, and offers affordable energy efficiency and rehab loans. In 2008, CHT won the prestigious United Nations World Habitat Award, recognizing its innovative, sustainable programs.About the Doris Duke Charitable FoundationEstablished in 1996, the Doris Duke Charitable Foundation seeks to improve the quality of people’s lives through grants supporting the performing arts, environmental conservation, medical research and the prevention of child abuse, and through preservation of the cultural and environmental legacy of Doris Duke’s properties. The foundation’s Environment Program focuses on enabling communities to protect and manage wildlife habitat and create efficient built environments.
“We have to decide what the best legal process is,” Jamaican Olympic Association chief Mike Fennell said.“It is a team and we are interested in ensuring they are properly protected and given a fair chance of clearing their names.”Carter’s lawyer confirmed on Wednesday that the sprinter will lodge his own appeal with the Court of Arbitration for Sports.Bolt, 30, completed a ‘triple triple’ in Rio last summer. He won gold in the 100m, 200m and 4x100m relay to add to his successes in the same events in 2008 and 2012.Carter, 31, was also part of the squad that won the event in London five years ago and helped Jamaica win at the World Championships in 2011, 2013 and 2015.He ran the first leg in Beijing for Jamaica’s 4x100m relay team, which also included Bolt, Frater, Powell and Thomas, who ran in the heats.The International Olympic Committee (IOC), who are responsible for authorising the retests for both the Beijing 2008 and London 2012 Games, released updated statistics about the process on Wednesday.It May, it was reported that they had retested 454 selected doping samples from 2008 and a further 250 from London using the latest scientific analysis methods.However, those figures have now been increased, as follows:Beijing 2008:The number of tests carried out during the event was 4800The number of samples subsequently selected for reanalysis was 1053And the number of athletes punished in 2016, up to Wednesday, was 61London 2012:The number of tests carried out during the event was 5000The number of samples subsequently selected for reanalysis was 492 and that process remains ongoingAnd the number of athletes punished in 2016, up to Wednesday, is 37Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Usain Bolt & Nesta CarterJamaica may appeal against the decision to strip the rest of its Beijing 4x100m relay squad of their gold medals after Nesta Carter’s failed drugs test.Usain Bolt stands to lose one of his nine Olympic golds after a retest of Carter’s sample from the 2008 Games was found to contain a banned stimulant.Michael Frater, Asafa Powell and Dwight Thomas also face forfeiting medals.
Vancouver-based Riverview Bancorp Inc., parent of Riverview Community Bank, ended its quarter and its fiscal year in positive earnings territory, showing continuing reductions in troubled loans and a steady decline in bank-owned real estate.Riverview reported earnings of $1.6 million, or $0.07 per diluted share, for its fourth fiscal quarter ending March 31. That was a healthy improvement over the previous quarter’s earnings of $1 million, and a remarkable turnaround from its net loss of $16 million in last fiscal year’s fourth quarter.Riverview reduced its portfolio of non-performing loans by $3.5 million, leaving it with $21.1 million in troubled loans. It shrank its bank-owned real estate by almost 25 percent, to $15.6 million.“We’ve worked extremely hard over multiple quarters,” said Kim Capeloto, Riverview’s executive vice president for marketing and operations. “The numbers are moving in the right direction because of the immense hard work of our staff.”For all of fiscal year 2013, which ended March 31, Riverview earned $2.6 million. In the previous fiscal year, the bank had lost $31.7 million as it wrote off losses for troubled loans that it had kept on its books long after other banks had taken losses.