$11.4 Million in New Markets Tax Credit Allocation Secured for the Redevelopment of the Iconic “Yellow Barn” in Hardwick, VT
FOR IMMEDIATE RELEASE
August 14, 2023
[Hardwick, VT] – Evernorth Rural Ventures and Massachusetts Housing Investment Corporation (MHIC) are pleased to announce the closing of $11.4 million in New Markets Tax Credit (NMTC) allocation for the redevelopment of the iconic “Yellow Barn” in Hardwick, Vermont. The NMTC funding supports the construction of a new 25,137 square foot food business accelerator building and the adaptive reuse of the vacant, historic 4,762 square foot yellow dairy barn for use as a retail shop, collectively called the Yellow Barn Business Accelerator.