TRORC is an association of thirty municipalities in east-central Vermont governed by a Board of Representatives appointed by each of our member towns. We provide professional planning, mapping, facilitation, grant writing, and project management services to our member towns. The Commission’s staff also helps to provide a bridge from the local to state and federal levels of government. We are committed to a vision of a thriving region, both in terms of people and place.
Vermont’s Downtown and Village Center tax credit program is one of the primary benefits of Downtown and Village Center designation, and supports revitalization seen in community centers across the state.
In 2015, $2,200,000 in state income tax credits are available to projects that enhance the historic character and improve building safety of older and historic commercial buildings in these designated communities. The credits support general rehabilitation work, code compliance work, data and network wiring, and exterior improvements, and may be combined with the federal program.
This year, legislative changes to the program include updates to make the tax credits more useful and effective. A new tax credit, of up to $40,000, is now available for affordable elevators known as LULAs (Limited Use Limited Application), and the cap for state building code-required improvements increases from $25,000 to $50,000.
Applications for the next round of tax credits are due July 1, 2015 by 4:30 pm and the Vermont Downtown Board will make is allocation decisions when it meets July 27, 2015.
State of Vermont
Division for Community Planning & Revitalization
One National Life Drive
Davis Building, 6th Floor
Montpelier, VT 05620-0501
Please feel free to call or e-mail Caitlin if you have any questions regarding the application or the program itself.
Loralee Morrow, a regional planner with Two Rivers-Ottauquechee Regional Commission, graduated from the University of Oklahoma Economic Development Institute on May 7, 2015 at the OU EDI spring session held in Nashville, Tennessee. OU EDI is an intensive week long, three-tier program which provides a broad spectrum of advanced education for the economic development professional. OU […]
The Vermont Department of Environmental Conservation Watershed Management Division is offering a series of information sessions on Lake Encroachment and Shoreland Permitting as it relates to the Shoreland Protection Act. In the TRORC Region, there will be a session at the Lake Morey Resort in Fairlee on June 16, 2015 at 6:15-7:15. The Shoreland Protection […]
Dartmouth-Hitchcock, Alice Peck Day Memorial Hospital, Mount Ascutney Hospital and Health Care, Valley Regional Hospital, and New London Hospital are inviting residents of local communities to share their thoughts about what health needs are most important in our communities, and to have a voice in the community health strategies of our local hospitals. The survey […]
Notice is hereby given by the Two Rivers-Ottauquechee Regional Commission of a Public Hearing for the purpose of hearing comments regarding review and approval of the Sharon Town Plan pursuant to 24 V.S.A. Section 4350. The Public Hearing will be held on Wednesday, May 27, 2015 at 6:30 p.m. at the Thompson Senior Center in […]