State & Local News
Vermont Treasurer Invests in Brattleboro Workforce Housing
March 18, 2026
Vermont State Treasurer Mike Pieciak announced a $4 million investment from the 10% in VT program to support Phase 1 of The Village at Winston Prouty, a $9.5 million workforce housing development in Brattleboro. This project will create 28 affordable housing units targeting households earning 80-120% of the area median income, addressing the region's low housing vacancy and supporting local economic growth. The investment involves collaboration with local entities including the Winston Prouty Center, EastRise Credit Union, and municipal leadership, highlighting a public-private partnership model to strengthen workforce housing supply.
- Why this matters: This funding signals increased state-level commitment to workforce housing development, creating opportunities for contractors, developers, and financial intermediaries specializing in affordable housing projects.
- Procurement professionals should note the role of financial intermediaries like EastRise Credit Union in structuring and funding such projects.
- The project underscores the importance of multi-stakeholder collaboration involving municipal governments, non-profits, and credit unions in housing procurement.
- Organizations engaged in housing construction and community development in Vermont may find emerging opportunities aligned with state housing investment programs.
Brattleboroโs future depends on whether the next generation can afford to live here. The Village at Winston Prouty is exactly the kind of partnership we need to make that possible with well-thought-out housing that supports working families and strengthens the future of our community.
— John Potter, Town Manager, Brattleboro
At EastRise, we believe everyone deserves access to safe, affordable housing and the opportunity to live in the communities they serve. We are proud to help finance projects like The Village at Winston Prouty that support the long-term vitality of the region.
— Frank Parisi, Vice President of Commercial Lending, EastRise Credit Union
Brattleboro is full of local businesses, non-profits, and service providers who care deeply about the community, but they canโt grow and succeed unless working people can afford to live here.
— Mike Pieciak, Vermont State Treasurer
Agencies
Vermont State Treasurer's Office, Town of Brattleboro
Vendors
EastRise Credit Union
Contracts
$4 million