Middlebury hears CHIP/TIF briefing as developers eye infrastructure financing for later phases
ACEDC presented the state CHIP/TIF housing‑infrastructure program and its four components; developers said the tool may unlock financing for the final phase of an under‑construction project if the town engages in the application process.
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Alex Armani‑Mahn, executive director of the Addison County Economic Development Corporation, briefed the Middlebury Select Board April 20 on the Community Housing Infrastructure Program (CHIP) and its relationship to TIF financing.
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