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Causes: Economic Development
Mission: Brattleboro development credit corporation real estate holdings ii, inc. Is a public benefit corporation organized and operated exclusively as a chamber of commerce within the meaning of section 501 (6) of the internal revenue code of 1986 as amended, and for specifically stated purposes. Without in any way limited the foregoing general purposes, the specific purpose of the corporation is to foster, encourage, and assist both the physical location of business enterprises within the state of vermont and the industrial and economic development of windsor and windham counties.
Programs: The corporation was formed to purchase and improve a manufacturing facility consisting of one building and an adjacent parcel of land in rockingham, vermont as well as to acquire certain manufacturing equipment. The corporation leases the facility and equipment to chroma technology corp. , (the "tenant") a regional manufacturing company. These activities will foster, encourage, and assist the tenant to continue to expand its operations.