VT Agency of Commerce and Community Development Announce the 2026 Downtown and Village Center tax credit program!
In FY2027, roughly $3.5 Million in state income tax credits are available. Credits are awarded to projects that improve building safety, attract new business, and create jobs. Projects must be within a state-designated downtown, or village center. Funding supports general rehabilitation and code compliance work. The program also funds flood mitigation upgrades and exterior façade improvements.
Applications for the next round of tax credits are now available and are due Wednesday, July 1, 2026.
Please submit completed applications via email to:
Review the Program Guidelines and Application for more information.
Eligible Applicant: Owners or lessees of a qualified building may apply for credit. This includes non-profit organizations. Federal, state, and local governments are not eligible.
Eligible Building: Buildings must be at least 30 years old at the time of application. They must be within a state-designated downtown or village center. Buildings used for personal residences are not eligible.
Click here to see if your address is in the Village Center.
Applicants are encouraged to contact Caitlin Corkins, Tax Credits and Grants Coordinator at ">.