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Newport leaders push dense downtown housing and TIF as tools to revive Northeast Kingdom economy
Summary
Newport organizers told the House Commerce committee they have a detailed master plan calling for several downtown housing projects, and they urged streamlined access to tax-increment financing and other infrastructure tools to attract developers.
Rick Uffert Chase, director of Newport Downtown Development, told the Vermont House Committee on Commerce & Economic Development that Newport has completed a detailed master plan that identifies nine downtown development sites and could yield more than 400 housing units if implemented.
Chase said the plan envisions mixed-use buildings with ground-floor commercial space, below-grade parking and housing…
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