Governor Phil Scott Announces Winners of Downtown and Village Center Tax Incentives

Statement

Governor Phil Scott and the Agency of Commerce and Community Development (ACCD) today announced over $860,000 in funding supporting rehabilitation and revitalization projects throughout Vermont's designated downtown and village centers. These six project awards will help generate over $20 million in building improvements and around the state. In addition to these awards, a new round of funding for later this year will be announced in April, with tax credits available to projects in state-designated Downtowns, Village Centers, and Neighborhood Development Areas.

"These investments are impactful, supporting local businesses, creating new housing, and improving the economic vitality of our community centers," said Governor Scott. "This kind of targeted investment in our downtowns and village centers, along with the strategic use of federal relief dollars, shows what we can do to make Vermont an even better place to live and visit."

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