Shumlin announces $1.8 million in downtown tax credits

first_imgGovernor Peter Shumlin announced today the allocation $1.8 million in tax credits to downtowns across the state to support nearly $30 million in building improvements.  The credits, competitively awarded by the Downtown Development Board, went to 15 projects ranging in size from a small community group’s efforts to open the shuttered village store in Guilford to more substantial private investments like the conversion of Winooski’s Champlain Mill into a hub for rapidly growing technology firms like MyWebGrocer.  Other projects include the preservation of 37 affordable housing units at the Wharf Lane apartments in Burlington and 41 senior housing units at the former Hotel Rockingham in Bellows Falls.   A complete list of tax credit projects is included below. The tax credit is one of the primary benefits of Downtown and Village Center Designation and assist hard-to-finance building revitalizations seen in community centers across the state.   Most of the funding supports state-mandated code retrofits — like elevators and sprinklers systems — that are cost prohibitive to most commercial building owners.  ‘This program has an impressive track record.  A recent study showed that every dollar of tax credits leverages $16 more in outside investment, and every $1 million in tax credits resulted in 109 jobs,’ said Gov. Shumlin.  ‘I know of few other state programs that provide such a substantial return on public investment to our communities and economy.’ Noelle Mackay, Commissioner of the Department of Economic, Housing, and Community Development and Chair of the Downtown Board, agreed, adding, ‘To improve Vermont’s quality of life and economy we must make investments to make communities strong and vital. This program does that and I’m enthusiastic about its potential to tackle the Governor’s priorities   ‘ stimulating much-needed local economic activity and job creation, promoting housing choices, and improving the state’s infrastructure in a sustainable way .’ The Downtown Program is a training and incentive effort to help maintain Vermont’s compact development pattern by targeting state resources to promote the efficient use of land, infrastructure, and resources.  Over 100 of Vermont’s Downtowns and Village Centers are designated and these communities receive priority for consideration for state funding, increased Act 250 thresholds, and tax credits to promote vital communities.       2010 Downtown and Village Center State Tax Credits ProjectAllocation Total CostEligible WorkBrattleboro / 151 Main Street (Renaissance Fine Jewelry)$               95,834  $             580,000 sprinkler/codeBarre / 159 North Main Street (Former Homer Fitts)$               53,075  $             210,900 sprinkler/lift/code/façadeBarre / 210 North Main Street (Quarry Grill & Tavern)$               17,176  $             240,000 elevator/sprinkler/rehabBellows Falls / 45 Rockingham Street (Hotel Rockingham)$             162,502  $          2,203,575 sprinkler/code/façadeBurlington / 57 Maple Street (Wharf Lane)$             277,228  $          8,761,000 elevator/sprinkler/code/rehabCavendish / 1589 Main Street (Glimmerstone)$             112,740  $          1,142,793 sprinkler/code/rehabEssex Junction / 8 Railroad Avenue$               48,750  $             400,000 sprinkler/code/façadeGuilford / 475 Coolidge Highway (Village Store)$               13,018  $             993,393 sprinklerHardwick / 71 Wolcott Street (Riverview Building)$             193,200  $          1,114,000 sprinkler/code/rehabMorrisville  / 82 Portland Street $             102,500  $             650,000 elevator/sprinkler/code/rehabSaxtons River / 35 Main Street (Main Street Arts)$               83,050  $             533,473 elevator/sprinkler/codeSt. Albans / 18-20 Lake Street$               99,300  $             393,000 sprinkler/code/rehabSt. Albans / 58-60 Lake Street (St. Albans House)$             174,725  $          1,104,500 elevator/sprinkler/code/rehabSt. Johnsbury / 1302 Main Street (Fairbanks Museum)$               50,000  $             278,191 sprinkler/code/rehabWinooski  / One Main Street (Champlain Mill )$             341,902  $       11,156,837 rehab $      1,825,000  $    29,761,662last_img read more

Cornerback Juwan Dowels verbally commits to Syracuse

first_imgCornerback Juwan Dowels has verbally committed to Syracuse, multiple sources reported Monday night.Dowels, ranked three stars by Rivals.com and unranked by Scout.com, also received offers from Clemson, Oklahoma and Cincinnati, among other schools, according to Scout.com.At 5 feet, 10 inches and 160 pounds, Dowels becomes the fourth defensive back to pledge to the Orange for 2014. He joins Lamar Dawson, Cordell Hudson and Treevon Prater, who committed to SU on Sunday.He attends American Heritage School in Plantation, Fla., and becomes the third Florida native in SU’s recruiting class. He joins Hudson and three-star quarterback Alin Edouard, who tweeted about Dowels’ commitment.AdvertisementThis is placeholder text Comments Facebook Twitter Google+ Published on January 20, 2014 at 9:13 pm Contact Jesse: jcdoug01@syr.edu | @dougherty_jesselast_img read more

Years later, Roger Federer still on top

first_imgAnd there’s the longevity, which is particularly impressive in light of the recent injury woes for the younger members of tennis’ elite: Nadal, Novak Djokovic, Andy Murray and Stan Wawrinka.At 36½, Federer is now the second-oldest man to win a Grand Slam title in the Open era — Ken Roswell won Australia in 1972 at 37. And after going more than four years without a trophy, he’s added three in the span of four appearances at majors (he skipped last year’s French Open and sounds like someone contemplating doing so again in a few months’ time).“I don’t think age is an issue, per se. It’s just a number,” he said Sunday. “But I need to be very careful in my planning, really decide beforehand what are my goals, what are my priorities. I think that’s what’s going to dictate how successful I will be.”Federer was asked how long he thinks he can continue playing at this level.“No idea. Honest, I don’t know. I have no idea. I’ve won three Slams now in 12 months. I can’t believe it myself,” he said. “I just got to keep a good schedule, stay hungry, then maybe good things can happen.”Take a look at the way Federer earned his sixth Australian Open championship, tying the men’s record for most in history, to go along with his unprecedented eight Wimbledons, five U.S. Opens (tied for the most in the professional era) and one French Open.After letting a lead slip away and getting outplayed by Cilic the fourth set, Federer faced some danger in the opening game of the decider in the form of two break points.“Momentum,” Cilic would say later, “was on my side.”Right when nerves would figure to be most frayed, Federer was steadier. On the initial break chance there, Cilic got a look at a 104 mph second serve and dumped a forehand return into the net. On the next, Cilic pushed a forehand return wide off a 119 mph first serve up the “T,” and Federer yelled out in Swiss German. Two points later, Federer conjured up a cross-court backhand winner that clipped the outside of a line to cap a 15-stroke exchange and grab that game.In the next, Cilic double-faulted twice and Federer took advantage, breaking en route to a 3-0 lead. And that was pretty much that. View comments It’s hard to decide what is most remarkable about Federer’s career.Cilic’s take?“The passion to compete, season after season, especially at this high level,” said the man who has lost two of the last three Grand Slam finals to the Swiss maestro. “Also, being able to challenge himself, first physically and then mentally, as well, to be at the top almost every single week.”The sheer volume of it all does stand out. Federer has won exactly 10 percent of the 200 major tournaments contested in the professional era. Before Federer started collecting his 20, the most any man managed to accumulate was the 14 for Pete Sampras; he now stands No. 3, behind Federer and Rafael Nadal with 16.There’s also that constant work to evolve and improve, most notably during his recent renaissance by adding versatility to his backhand side with a flatter, more powerful shot than his long-preferred slice.ADVERTISEMENT Almazan vows to comeback stronger after finals heartbreak OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson So let’s recall what Federer said at the All England Club on the day he collected his very first Grand Slam title, all the way back in July 2003.“I hope,” Federer said, “it’s not going to be my last.”FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSeems silly nowadays, doesn’t it?Because there he was, nearly 15 full years later, tears dotting his cheeks as he spoke to an adoring Australian Open crowd after beating 2014 U.S. Open champion Marin Cilic 6-2, 6-7 (5), 6-3, 3-6, 6-1 in Sunday’s final in Melbourne. Holding his most recent prize, Federer declared, “The fairy tale continues.” Nonito Donaire vs Naoya Inoue is BWAA 2019 Fight of the Year Newsome sets focus on helping Bolts open new PBA season on right track LATEST STORIES Steam emission over Taal’s main crater ‘steady’ for past 24 hours Source: Pistons finalizing deal to acquire Blake Griffincenter_img Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Michael Porter Jr. stays patient as playing time increases Jiro Manio arrested for stabbing man in Marikina Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award MOST READ Switzerland’s Roger Federer poses with the Norman Brookes Challenge Cup after winning the men’s singles final at the Australian Open against Croatia’s Marin Cilic in Melbourne, Australia Monday, Jan. 29, 2018. (AP Photo/Dita Alangkara)Used to be that Roger Federer simply could not win a match, let alone a championship, at major tournaments.That might be hard to imagine now that Federer owns 20 Grand Slam trophies. But you can look it up: He lost in the first round on three of his first four trips to Wimbledon, and three of his first five appearances at the French Open.ADVERTISEMENT OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Don’t miss out on the latest news and information. Federer was on his way, just like so many times before.“It’s always very, very challenging to play him,” Cilic observed.Wasn’t always that way at the very beginning, actually. Yet it very much is, all these years later.Sports Related Videospowered by AdSparcRead Nextlast_img read more