It was last October when Governor Phil Scott announced 2.8 million dollars in tax credit incentives would be used to help restore downtown areas across Vermont.
One of those 16 projects benefitting from the incentives was the Albany General Store
Lead by the Albany Community Trust, a group formed by members of the community, the goal was to rebuild the hotspot in the tiny Northeast Kingdom Town, and now they are one step closer to completion.
6 years ago, fire brought down the Albany General Store, leaving a hole in the center of this small community.
The Albany Community Trust, which received 55,000 dollars from the Governor’s tax incentives, has raised most of the remaining 400,000 dollars to purchase the property and begin the process of bringing it back to life.
According to VPR the building and the adjacent lot has been purchased, but there is still an additional 120,000 dollars to be raised.
The project is expected to be completed by the end of this year.