Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Tax credits for rehabilitation and code compliance projects in Vermont's designated downtown and village center districts, supporting the revitalization of historic commercial buildings and mixed-use spaces.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Building must be in a designated Vermont Downtown or Village Center district
2.Eligible: building code compliance, façade improvements, accessibility upgrades, rehabilitation
3.Credit: 10–50% of qualified expenditures depending on project type
4.Total annual program cap of $2.2M statewide
5.Applications competitive; priority for projects in smallest or most distressed downtowns
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).
ACCD · Vermont
Cash incentive payments for Vermont businesses creating new qualifying jobs, calculated as a share of new payroll and capital investment over a 5-year period.