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VT
Special Benefits District Revolving Loan Fund
Low-interest loans for purchase, renovation, and code-compliance upgrades in Rutland City’s downtown Special Benefits District.
About this program
The City of Rutland supports downtown property reinvestment through the Special Benefits District Revolving Loan Fund. The fund is intended to encourage purchase, renovation, upper-floor housing, and compliance upgrades for buildings in the downtown district, helping strengthen the local commercial core and tax base.
Eligibility
Property owners and eligible development projects located in Rutland City’s Downtown Special Benefits District.
Requirements
- Project located in the Rutland Downtown Special Benefits District
- Eligible purchase, renovation, or compliance-upgrade use
- Loan application and project budget