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The Department of Economic Development stimulates business development and job creation. The department assists through support in financing, licensing, business recruitment, and marketing services. The Department of Tourism and Marketing promotes Vermont as a travel destination through the mediums of print, television, radio and the World Wide ...
An economic development incentive is known as "cash or near-cash assistance provided on a discretionary basis to attract or retain business operations." [1] These benefits principally encompass tax and economic incentives provided by federal, state, or local governmental bodies.
In 2008, the Connecticut Department of Economic and Community Development released a report on the economic impacts of the state's film production tax incentive program. [37] The report concludes the tax incentive program has a "modest" impact on the state's economy, returning $1.07 of real gross state product (RSGP) for every dollar spent (or ...
The Vermont legislature established the agency in 1974. [1]By 2018, the VHFA had assisted approximately 29,000 people to purchase primary residences; and provided financing, development and management support, subsidy administration and tax credits for about 13,650 units of multifamily rental housing.
This funding was leveraged nearly four times by $950 million in external private and public funding. Vermont's Trust Fund is administered by the Vermont Housing and Conservation Board (VHCB). By law, the Trust Fund is to receive half of the receipts from real estate transfer taxes. The FY2000 budget was the last to reach its statutory funding ...
Vermont’s Remote Worker Grant Program provides up to $7,500 to new residents who work remotely. Topeka, Kansas, will pay up to $15,000 to remote workers who buy or rent a home in the city.
The Vermont Council on Rural Development is a non-profit, federally supported, state rural development council that combines public and private resources to fund programs that improve the rural communities of Vermont, a largely rural American state. [1] The organization was created in 1992. [1]
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