Groundworks Collaborative

New Markets Tax Credit Coalition

Brattleboro,
VT
(2020)

Groundworks Collaborative

Community, Daycare and Early Childhood, Healthcare, Housing, Mixed-use, Nonprofit Hub, Rural, Shelters and Community Food, Youth and Families

Project to finance the development of Groundworks Collaborative’s new permanent campus in Brattleboro, VT.

Investment

NMTC Amount: $3,030,000
Total Project Cost: $3,131,740

IMPACT

32 FTE jobs
11 construction jobs
Serves 150 seasonally homeless individuals

CDEs

MHIC

Investor

Chase

Project Description

Project to finance the development of Groundworks Collaborative’s new permanent campus in Brattleboro, VT. Groundworks provides essential shelter and supportive services, including housing case management, health care, food, and advocacy, to homeless individuals and families in Southern Vermont. The new campus will house Groundworks’ Seasonal Overflow Shelter, Day Shelter and consolidate workspace for operations and case management staff.

MAP

Address: 54 South Main Street, Brattleboro, VT 5301

Census Tract: 50025968500

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VT
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CDE(s): Evernorth Rural Ventures, Mascoma Community Development, MHIC, Mid-City Community CDE, USBCDE

The construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for transformer manufacturers and transformer users.