$5 million for the Downtown and Village Center tax credit program, which has been instrumental in revitalizing community centers while preserving their historic character and improving building safety.
Vermont’s highly successful Downtown and Village Center Tax Credit program continues to play a pivotal role across the state. The funded projects enhance the historic character and improve building safety of older and historic commercial and community buildings. The credits support general rehabilitation work, code compliance work, and façade improvements and may be combined with federal programs. Despite the program’s success, there remains a backlog of projects that are ready for funding.
Better Places Program
We will advocate continued funding of $500,000 for the Better Places. This highly successful program provides matching grants from $5,000 to $40,000 for placemaking projects that enhance the vitality of our downtowns and village centers while leveraging public dollars with matching private funds.