Bellows Falls is one of 23 Designated Downtowns in Vermont which makes property owners in the downtown district eligible for state and federal historic tax credits.
2023 Downtown Tax Credit recipients
20 The Square and 5 Canal Street
Previous recipients: 3 Rockingham Street, Edward Arms Building, Exner Block.
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10% Historic Tax Credits ■ Available as an add-on to approved Federal Historic Tax Credit projects. ■ Eligible costs include interior and exterior improvements, code compliance, plumbing and electrical upgrades.
25% Historic Tax Credits ■ Eligible facade work up to $25,000.
50% Code Improvement Tax Credits ■ Available for up to $50,000 each for sprinkler systems; up to $75,000 for elevators; and $12,000 for lifts. ■ Eligible code work includes ADA modifications, electrical, fire safety, or plumbing up to $50,000.
Are you an investor who loves or is interested in development opportunities in Bellows Falls? Contact the Development Office, or Rockingham Incremental Development Working Group for information on small development rockinghamidwg@gmail.com