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.
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