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//Dave Bowers

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So far Dave Bowers has created 36 blog entries.
6 06, 2014

Vermont Rural Ventures Bestowed Tax Credits

2016-10-31T14:47:19+00:00 June 6th, 2014|VRV News|

The U.S. Treasury Department has awarded Vermont Rural Ventures, a subsidiary of Housing Vermont, $35 million in New Markets Tax Credits (NMTC).  Housing Vermont was one of 87 organizations nationally to share in $3.5 billion in the current round of awards which will be the last awards unless Congress votes to extend the program.  Awards [...]

5 06, 2014

Grand Opening for Barre City Place

2015-08-14T13:22:35+00:00 June 5th, 2014|VRV News|

A sizable crowd joined Governor Peter Shumlin, Lt. Governor Phil Scott, Barre Mayor Thom Lauzon, state officials and others at the May 27 grand opening for Barre City Place.  The four-story, 80,700 square foot commercial building was financed through a $10 million New Markets Tax Credit investment by Housing Vermont.  The Massachusetts Housing Investment Corporation [...]

19 03, 2014

VT Dairy Farmers Receive $328,000 in Grants

2016-10-31T14:47:19+00:00 March 19th, 2014|VRV News|

Housing Vermont’s New Markets Tax Credit work led to an innovative collaboration among private business, state government and nonprofits to benefit VT dairy farmers who are members of the St. Albans Cooperative Creamery.  Funds donated by the Commonwealth Dairy to the Vermont Housing and Conservation Board (VHCB) will allow farmers to invest in a wide [...]

25 06, 2013

Construction Underway at Burlington’s TD Bank Block

2015-05-21T09:47:39+00:00 June 25th, 2013|VRV News|

The last piece of the puzzle to redevelop Burlington’s TD bank block has been set in place with the start of construction of a 139-room hotel and parking garage.  The project will benefit from favorable financing provided by Housing Vermont’s New Markets Tax Credit Program. The project will redevelop the Armory building (at one time, [...]

24 06, 2013

New Markets Tax Credits Finance New Office Building in Barre

2015-05-21T09:49:36+00:00 June 24th, 2013|VRV News|

The City of Barre’s redevelopment plan will get a substantial boost thanks to a $10 million financing commitment from HV’s Vermont Rural Ventures to construct Barre City Place, a new 4-story steel frame building on Main Street.  The 80,717 square feet of commercial office space will house State offices and other tenants. Located at 219 [...]

25 04, 2013

VT Rural Ventures Receives $40 Million NMTC

2016-10-31T14:47:19+00:00 April 25th, 2013|VRV News|

Housing Vermont has been awarded a $40 million allocation of New Markets Tax Credits (NMTCs) by the Department of the Treasury to continue its economic development work in low income areas of the state.  The award was announced in a joint statement released by Senator Patrick Leahy, Senator Bernie Sanders and Representative Peter Welch. “Our [...]