Barre Building to Receive Tax Credit - FOX44 - Burlington / Plattsburgh News, Weather & Sports

Lauren Maloney

Barre Building to Receive Tax Credit

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BARRE, Vt. -

Vermont will be getting nearly $1.8 million dollars in tax credits.

It's part of the state's Downtown Program, supporting building improvements.

The tax credits were announced Monday in a largely-vacant building in Barre.

The Blanchard Building on North Main Street, was built in 1904; it will get a chunk of the money.

More than $287,000 will help add commercial and office space with room for up to 200 workers.

"I know that it has nothing to do with return on investment, it has nothing to do with your desire to make Vermont a better place, and to rebuild with the Governor and I," Barre Mayor Thom Lauzon said.

The tax credits will help complete 30 projects across the state.

Money will also go to rehab buildings damaged by flooding in 2011.

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