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CHIP Program Could Boost Middlebury Housing | Burlington News
Description
Middlebury is eyeing a game-changing new state program called CHIP—Community and Housing Infrastructure—that could unlock funding for critical public infrastructure like water and sewer lines, making it easier to build new homes without raising property taxes. Two major local projects, Stonecrop Meadows Phase Two (200+ homes) and Middle Housing (35 apartments + restaurant), are poised to be early applicants. CHIP lets towns use a slice of future property tax revenue from new developments to pay for essential infrastructure, easing the burden on developers and potentially keeping rents more affordable. The process is rigorous—requiring detailed plans, site maps, and mutual agreements—but if approved, it could be a historic first for Vermont, with Stonecrop potentially leading the charge.
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