House committee weighs CHIP bill changes as Springfield school reuse is offered as test case
Lawmakers continued review of the Community Housing Infrastructure Program (CHIP) draft, debating minimum housing thresholds, allowable TIF-funded infrastructure, and program oversight; a Springfield redevelopment of the former Park Street School was presented as a possible pilot.
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The Vermont House Committee on Commerce and Economic Development continued its review Friday of draft legislation to create a Community Housing Infrastructure Program, or CHIP, with developers and regional representatives urging flexibility on housing-percentage requirements and eligible uses of tax increment financing.
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