Vermont H0412 proposes changes to land use planning, Act 250, municipal and regional planning, housing programs, and tax increment financing.

Vermont H0412 amends various sections related to land use and housing development. It modifies definitions and criteria for wetlands, buffer zones, and significant wetlands. The bill introduces new provisions for tax increment financing districts, including guidelines for municipal applications and criteria for project approval. It also establishes the Vermont Infrastructure Sustainability Fund to support water and sewer service infrastructure. Additionally, the bill creates the Vermont Rental Housing Improvement Program to provide grants and loans for rental housing improvements.

Vermont H0412 proposes changes to land use planning, Act 250, municipal and regional planning, housing programs, and tax increment financing.

Vermont H0412 amends various sections related to land use and housing development. It modifies definitions and criteria for wetlands, buffer zones, and significant wetlands. The bill introduces new provisions for tax increment financing districts, including guidelines for municipal applications and criteria for project approval. It also establishes the Vermont Infrastructure Sustainability Fund to support water and sewer service infrastructure. Additionally, the bill creates the Vermont Rental Housing Improvement Program to provide grants and loans for rental housing improvements.