VRV News

/VRV News
1 08, 2017

Vermont Rural Ventures Expands Service Area

2017-08-09T11:50:20+00:00 August 1st, 2017|VRV News|

Vermont Rural Ventures has expanded its service area to provide New Markets Tax Credit (NMTC) financing to qualified business and nonprofit organizations in areas along the borders of Vermont. The expanded VRV service areas include: Vermont: Statewide New Hampshire: Cheshire, Sullivan, Grafton, and Coos Counties Massachusetts: Berkshire, Franklin, Hampshire, and Hampden Counties New York: [...]

16 06, 2017

GS Precision one of ten employers honored by MEMIC

2017-06-16T12:05:24+00:00 June 16th, 2017|VRV News|

Vermont Business Magazine - Workers’ compensation specialist The MEMIC Group presented awards for workplace safety. "Their proactive approach to safety plays a significant role in reducing injuries,” says MEMIC Safety Management Consultant Jeremiah LaCross. [read more]

22 01, 2016

King Street Center Celebrates First Year [VIDEO]

2016-10-31T14:47:19+00:00 January 22nd, 2016|VRV News|

King Street Center of Burlington celebrated its first year in their new building on January 21, 2016 — and Vermont Rural Ventures is proud to have been part of the team to help make that happen. Check out the delightful new video below for the whole story. King Street Center is a not-for-profit community organization [...]

29 12, 2015

GS Precision Expands with New Markets Tax Credit

2016-02-15T12:16:47+00:00 December 29th, 2015|VRV News|

Burlington, Vermont — Vermont Rural Ventures provided $11.7 million New Markets Tax Credit financing to enable a $17 million expansion that will bring 100 new jobs at GS Precision in Brattleboro, Vermont. Low-cost New Markets Tax Credit financing from Vermont Rural Ventures, in partnership with the Massachusetts Housing Investment Corporation, will aid in retaining and building new jobs [...]

24 07, 2015

Vermont College of Fine Arts Finances Projects with New Markets Tax Credits

2016-10-31T14:47:19+00:00 July 24th, 2015|VRV News|

Burlington, Vermont — Vermont Rural Ventures provided New Markets Tax Credit financing to Vermont College of Fine Arts (VCFA), bringing $3 million of new funds to the nonprofit graduate education institution. This financing and new capital allows VCFA to expand programming and complete several capital improvement projects. Low-cost and long-term financing from Vermont Rural Ventures [...]

23 07, 2015

Bipartisan Support for NMTC Grows

2016-10-31T14:47:19+00:00 July 23rd, 2015|VRV News|

Senate Finance Committee Includes Extension and Inflation Adjustment for NMTC WASHINGTON, D.C. –The Senate Finance Committee takes up tax extenders today, including action on the New Markets Tax Credit (NMTC). Signaling strong bipartisan support for this proven community development tool, Chairman Orrin Hatch (R-UT) released a modified Chairman’s mark this morning, which includes an amendment [...]

16 07, 2015

Using New Markets Tax Credit Financing for Vermont Developers

2015-07-16T17:41:40+00:00 July 16th, 2015|VRV News|

Vermont Rural Ventures’ own Beth Boutin will present NMTC does not stand for 'New Mysteries To Clarify': Nuts, bolts, and a case study of using New Markets Tax Credits in Vermont, at the Vermont Development Conference on November 4 in South Burlington. Vermont Rural Ventures is a qualified CDE providing financing for Vermont developers and projects that [...]

14 07, 2015

Featured Project: King Street Center

2015-07-16T16:32:19+00:00 July 14th, 2015|VRV News|

Projects like King Street Center demonstrate Vermont Rural Venture’s commitment to bringing investment to nonprofit groups that otherwise lack access to capital. The new facility allows the King Street Center to expand and offer a fully licensed year-round Early Head Start program; create four new jobs; build a professional quality kitchen; improve adult language instruction, [...]