Vermont

The NMTC program provides gap and incentive financing and guidance for high-impact, economy-expanding, community revitalizing business investment projects. The project they supported in Pocatello (Western States CAT Expansion) retained & created good jobs & services that are integral to several of the region’s main industrial clusters,(mining, agriculture, logistics, construction) and triggered commercial development in an area stagnated by the last recession.

New Market Tax Credits can be the project feature that encourages a business person to invest in a venture and change employee lives and enhance our community’s vitality! 120 great jobs, a beautiful new building at Pocatello’s south entrance, subsequent development and economic growth are the results.