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ACCD outlines economic development tools: TIF, VEGI, brownfields and training programs

2127929 · January 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Secretary Lindsey Kurley told the Senate Economic Development, Housing & General Affairs Committee on Jan. 17 that the Agency of Commerce and Community Development coordinates programs intended to grow Vermont’s tax base and support projects that need infrastructure and incentives.

Secretary Lindsey Kurley told the Senate Economic Development, Housing & General Affairs Committee on Jan. 17 that the Agency of Commerce and Community Development (ACCD) coordinates a suite of programs intended to grow the state tax base and support community infrastructure.

"ACCD helps Vermonters improve their quality of life by building strong communities," Kurley said as she introduced commissioners and staff who briefed the committee on the agency’s departments and funds.

Why it matters: Committee members and ACCD leaders framed economic development as a tool to expand the tax base, fund local services and enable housing and commercial projects that otherwise would not be viable without infrastructure and incentives.

The presentation described the agency’s three main departments — Economic Development, Housing and Community Development, and Tourism and Marketing — and highlighted cross-cutting programs and partners. Joan Goldstein, commissioner of the Department of Economic Development, underscored the agency’s small staff and…

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