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.
NMTC Investor: US Bank Community Development Corporation Lenders: Mascoma Bank, Vermont Economic Development Authority The renovation of 3 historic buildings in downtown Bennington, VT. The former Hotel Putnam, Old Courthouse, and … Read More
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; … Read More
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 … Read More
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 … Read More
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 … Read More
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, … Read More
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 … Read More