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Tax Credits

Charitable Housing Investment Credit
- 32 V.S.A. § 5830c

Purpose: Incentive for investment in an eligible housing charity. The "eligible housing charity' is determined by Vermont Department of Housing and Community Affairs.

Credit Amount: Difference between interest income that would have been received at charitable threshold rate and actual interest income received.

Credit Limit: Not to exceed 3% of average outstanding principal balance of investment during taxable year. Aggregate of charitable investment allowed outstanding in any year is limited to $5 million.

For More Information:
Vermont Department of Housing and Community Affairs
National Life Building, Drawer 20
Montpelier, Vermont 05620
Tel: 802.828.3211   1.800.622.4553

 

Other Tax Credits:
- Affordable Housing
- Charitable Housing
- Downtown and Village
  Center

- Elderly and Permanently
   Totally Disabled

- Income Tax Paid to Another
  State or Canadian Province

- Investment Tax Credit
- Low Income Child &
  Dependent Care

- Machinery and Equipment
- Qualified Sale of Mobile
   Home Park

- Recently Deployed Veteran
- Research and Development
- Vermont Earned Income
  Credit

- Vermont Employment
  Growth Incentive (VEGI)

- Vermont Higher Education
  Investment

- Vermont Seed Capital Fund

 
Vermont Department of Taxes, 133 State Street, Montpelier, Vermont 05633-1401