INFRASTRUCTURE - Community and Housing Infrastructure Program (CHIP)
Vermont Economic Progress Council
Funding Amount
Varies by project
Deadline
Rolling / Open
Grant Type
state
Overview
INFRASTRUCTURE - Community and Housing Infrastructure Program (CHIP)
Enables municipalities to finance essential infrastructure (like water, sewer, roads, and stormwater systems) that supports new housing development using tax increment financing.
Details
- Funding Entity: Vermont Economic Progress Council
- Funding Type: Tax increment financing (property tax revenues from future development)
- Funding Range: Varies by project
- Match Required: None
Notes
See CHIP Guidelines to learn more. VLCT is providing CHIP training and assistance through 2029.
How to Apply
Deadline: Rolling until 12/31/35; Interest Form required ~ 1 year prior to submitting an application
Apply Via: GEARS portal
Apply here: https://accd.vermont.gov/economic-development/vepc/chip
Focus Areas & Funding Uses
Fields of Work
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