Middlebury taps new housing development tool

Middlebury is leveraging Vermont's Community and Housing Infrastructure Program to finance new housing developments without burdening local property taxes. This initiative allows the town to invest in necessary infrastructure like roads, water, and sewers, which supports growth while maintaining financial stability for residents. By avoiding tax hikes, Middlebury can attract new residents and businesses, potentially boosting the local economy and addressing housing shortages without compromising fiscal responsibility. This move sets a promising precedent for other municipalities grappling with similar challenges.