Grants directory
Downtown and Village Center Program tax credits — flood mitigation credit
Vermont Downtown and Village Center Tax Credit Program State Board · State program
50% of qualified costs, up to $100,000.
Vermont offers a state tax credit for qualified flood mitigation projects: 50% of qualified expenditures up to $100,000. This is a state tax incentive, but it is tied to the Downtown and Village Center Program rather than a general homeowner rebate.
Program details
How it works
A qualified applicant of a qualified flood mitigation project may, with State Board approval, claim a Vermont tax credit against individual income tax, corporate income tax, bank franchise tax, or insurance premiums tax.
What the money covers
The statute identifies flood mitigation projects, but this page does not describe the full list of eligible measures.
Amounts and matching
- Credit equals 50 percent of qualified expenditures.
- Maximum credit: $100,000.
Timing and deadlines
The statute page does not provide an application deadline or filing window.
Full eligibility details
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