Dossier
Addison County Economic Development Corp.
Coverage of Addison County Economic Development Corp. in the Nexus archive.
- Middlebury taps new housing development tool
Middlebury, Vermont is utilizing the Community and Housing Infrastructure Program (CHIP), a state tax increment financing tool, to support two housing projects: Stonecrop Meadows (200+ units) and Middle Housing (35 apartments). CHIP allows municipalities to fund infrastructure for new housing without raising property taxes by retaining a portion of new tax revenues.