The NMTC is the only way to achieve catalytic revitalization in distressed rural areas. The Putnam Block in Bennington, VT, which is creating jobs, housing, and vibrancy in an old factory town, is proof that this program works.
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
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