Main Street Mill (2007)

Richford, VT

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NMTC Amount: $4,810,187

Est. Total Project Cost: $7,134,000

COMMUNITY IMPACT

The Richford Main Street Mill project involves the redevelopment of a historic mill building located on Main Street in the center of the Village of Richford, Vermont. Richford is a town of approximately 2,339 located in northeastern Franklin County bordering the Eastern Townships of Quebec. In order to finance the redevelopment, the CDE, CEI Capital Management LLC (CCML), provided $4,958,956 in New Markets Tax Credits (NMTC) using a combination of debt and equity.

Project Map