VRV News

VRV News 2016-11-15T09:41:43+00:00

Vermont Rural Ventures Expands Service Area

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 [...]

  • GS Precision

GS Precision one of ten employers honored by MEMIC

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 [...]

Chroma Technology Corporation expands in Bellows Falls with New Markets Tax Credits

Vermont Rural Ventures provided a New Markets Tax Credit (NMTC) investment for the $22.2MM expansion of Chroma Technology Corporation in Bellows Falls.

  • Vermont Rural Ventures is moving

We’re Moving

Vermont Rural Ventures is moving to 100 Bank Street, Ste 400, Burlington, Vermont. Our telephone numbers and email remain the same, however email and phones will have limited access on June 23 and 24. Our [...]

  • King Street Center anniversary video

King Street Center Celebrates First Year [VIDEO]

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 [...]

  • GS Precision groundbreaking December 28, 2015

GS Precision Expands with New Markets Tax Credit

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 [...]

  • VCFA project photo

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

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 [...]

Bipartisan Support for NMTC Grows

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 [...]

  • NMTC presentaion

Using New Markets Tax Credit Financing for Vermont Developers

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 [...]

  • King Street Center, Burlington Vermont

Featured Project: King Street Center

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 [...]

Announcing New Website

To Assist Vermont Companies and Non-profits with New Markets Tax Credits Our new website has all the information you need to help you apply for New Markets Tax Credit financing for your project. You can [...]

Brooks House Redevelopment Named Finalist

Washington, D.C — The historic Brooks House redevelopment of Brattleboro, Vermont, was named a finalist in the NDC Academy awards for Community Development. The Brooks House project was possible through innovative financing and New Markets [...]

  • Brooks-House-Front-Complete

VRV Project Selected as Semi-Finalist for National Award

VRV Project Selected as Semi-Finalist for National Award Vermont Rural Ventures’ innovative financing of the redevelopment of Brattleboro’s Brooks House has been chosen as a semi-finalist by the National Development Council (NDC) for its Academy [...]

  • Black River Meats Packing House

New Markets Tax Credits Finance Black River Meat & Seafood Facility

Vermont Rural Ventures provided New Markets Tax Credits financing to acquire a fully equipped, USDA-licensed meat slaughter, meat and seafood processing, and cold storage facility, for occupancy by Black River Produce and Vermont Packinghouse Black [...]

  • New Market Tax Credits financed construction

Vermont Rural Ventures Bestowed Tax Credits

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 [...]

  • Barre City Place grand opening

Grand Opening for Barre City Place

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 [...]

VT Dairy Farmers Receive $328,000 in Grants

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 [...]

  • Burlington NMTC project

Construction Underway at Burlington’s TD Bank Block

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 [...]

New Markets Tax Credits Finance New Office Building in Barre

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 [...]

VT Rural Ventures Receives $40 Million NMTC

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 [...]

ribbon cutting at Commonwealth Dairy