Investing in Education
Life insurers have invested $21 million in bonds issued by educational institutions in the Green Mountain State. This includes financing for the state’s Educational and Health Buildings Financial Agency and the University of Vermont Agricultural College.
Investing in Affordable Housing
Life insurers have invested $23 million in bonds issued by the Vermont Housing Finance Agency.
Investing in Infrastructure
The industry has supported various bond offerings by state-based entities, purchasing $38 million from a Vermont Municipal Bond Bank offering, for example.
Investing in Retail
The industry has invested $27 million in mortgages for retail properties in Barre, Burlington and Bennington, among other places.
Investing in Residential
Life insurers provided financing totaling more than $18 million for residential homes in towns and cities throughout the state.