Vt.'s Brooks House gets tax credit help - WCAX.COM Local Vermont News, Weather and Sports-

Vt.'s Brooks House gets tax credit help

Posted: Updated:

BRATTLEBORO, Vt. (AP) - The historic Brooks House undergoing renovations in Brattleboro, Vt., has received some tax credit help.

The U.S. Bank has purchased $11.2 million in tax credits to assist with financing for the project.

The building has been vacant since 2011 following a fire. Rehabilitation started July 17 after the partners of Mesabi LLC announced a financing plan was in place.

The Brattleboro Reformer reports a spokeswoman for the community development subsidiary of U.S. Bank says the organization is thrilled to support restoration of the property so it can once again contribute to the economic health of the area.

In 2010, U.S. Bank and other enterprises supported the development of Commonwealth Dairy.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Related Stories:

New life for old Brattleboro building

Deal reached to rebuild historic Brooks House

Deal on historic Brooks House could close soon

Brattleboro re-development project moves forward

Work delayed on Brattleboro's Brooks House

Brooks House gets development grant

Brooks House gets new support

Owner selling historic Brattleboro building damaged by fire

Frustration over lack of renovations after Brattleboro fire

Vt. owner plans to repair Brattleboro structure

Finding fix for Brattleboro after fire

Financial worries in Brattleboro following a devastating fire

Fire rips through downtown Brattleboro building

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.