The Vermont Sales Tax Reallocation program is now accepting applications for 2017.
Applications are due to Caitlin Corkins at [email protected] on June 30, 2017 by 4:30 pm.
Municipalities and the developer of the qualified project may jointly apply to the Downtown Board for a reallocation of sales taxes on construction materials. Qualified projects must be located within a designated downtown district. Reallocated taxes must be used by the municipality to support the qualified project. In 2017, funding is available for both the Downtown and Village Center tax credits and the Sales Tax Reallocation program, and projects in both categories will compete for the available $2,200,000.
Find the current Guidelines and Application online.
Please contact Caitlin Corkins at 802-828-3047 with any questions.