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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

housingaffordable-housingcommunity-development

Project Locations

VT

Categories

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