Vermont Fact Sheets, Stories, and Impact

Fact Sheet

Community Testimonials

The NMTC program was critical to our success in building a new YMCA building to serve our community. Our new building, which will open Jan 1, 2020, will enable us to serve our community much better, supporting a variety of programs and serving many more members than we could before. The NMTC program allowed us to build our new facility. Our new facility will enable us to survive as an organization.

Brendan Leonard, CFO, Greater Burlington YMCA, Burlington, VT

Vermont Supporters of the NMTC Extension Act

Vermont Project Profiles

Old North End Community Center

Old North End Community Center
Project City:
Burlington,
Project State:
VT
Project Year:
(2019)
Old North End Community Center (rehab of the St. Joseph School): The Old North End Community Center is home to a wide range of programs offered by several nonprofits and …
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Putnam Block

Putnam Block
Project City:
Bennington,
Project State:
VT
Project Year:
(2019)
NMTC Investor: US Bank Community Development Corporation Lenders: Mascoma Bank,┬áVermont Economic Development Authority The renovation of 3 historic buildings in downtown Bennington, VT. The former Hotel Putnam, Old Courthouse, and …
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The Greater Burlington YMCA Foundation, Inc.

The Greater Burlington YMCA Foundation, Inc.
Project City:
Burlington,
Project State:
VT
Project Year:
(2018)
The construction of new YMCA in Burlington, VT will comprise a state-of-the-art 51,625 sf facility at an approximate project cost of $27.6 million. The new facility will resolve accessibility issues; …
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GS Precision

GS Precision
Project City:
Brattleboro,
Project State:
VT
Project Year:
(2015)
Brattleboro Development Credit Corporation (BDCC), the project sponsor, will acquire G.S. Precision’s 2 manufacturing plants totaling 100Ksf, build a 23K sf addition, purchase equipment, and lease back to G.S. Precision …
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King Street Center

King Street Center
Project City:
Burlington,
Project State:
VT
Project Year:
(2014)
Vermont Rural Ventures provided $6.2 million of its New Markets Tax Credit authority to double the size of the King Street Center and create efficient, bright, modern office, classroom, and …
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Black River Produce

Black River Produce
Project City:
North Springfield,
Project State:
VT
Project Year:
(2014)
Vermont Rural Ventures provided a key piece of financing for Black River Produce’s expansion into the distribution of locally raised meats. Financing from Vermont Rural Ventures supported the acquisition of …
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Brooks House

Brooks House
Project City:
Brattleboro,
Project State:
VT
Project Year:
(2011)
Vermont Rural Ventures partnered with the Massachusetts Housing Investment Corporation, to provide $23.4 million in New Markets Tax Credit authority to redevelop and restore the historic circa 1871 Brooks House, …
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Laraway Youth & Family Services

Laraway Youth & Family Services
Project City:
Johnson,
Project State:
VT
Project Year:
(2011)
Vermont Rural Ventures awarded a portion of its allocation of federal New Markets Tax Credits to provide a financing to Laraway Youth and Family Services for its new, 39-acre campus …
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Commonwealth Dairy

Commonwealth Dairy
Project City:
Brattleboro,
Project State:
VT
Project Year:
(2010)
In December of 2016, the Brattleboro Commonwealth Dairy plant announced another facility expansion project. The $20 million expansion is supported by more than $2 million in state and local funding …
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Main Street Mill

Main Street Mill
Project City:
Richford,
Project State:
VT
Project Year:
(2007)
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 …
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Hope Street

Hope Street
Project City:
Montpelier,
Project State:
VT
Project Year:
(2007)
Vermont Rural Ventures provided $12.7 million of New Markets Tax Credit authority to renovate the Vermont College of Fine Arts’ campus and strengthen its position as a national center for …
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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225

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