Vermont Community & Housing Infrastructure Program
A first-pass screen for town housing committees. Enter what you know about a site and see what CHIP tax increment would cover, what the buildings would have to carry, and where the plan stands.
What the site is assessed at today. Only value above this generates increment.
Enter $0 for town-owned land. Acquisition is an eligible CHIP cost.
| Bedrooms Homes | Affordable rental Homes · net rent / mo | Affordable sale Homes · max price | Market sale Editable Homes · sale price |
|---|---|---|---|
| Total | 0 | 0 | 0 |
Rents and affordable prices come from the VHFA affordability table for this town's area. Market prices default to twice the 80% AMI purchase price and can be edited. CHIP treats a development as affordable at 80% AMI or below for rentals and 120% or below for ownership, which earns the higher increment share and skips the but-for test.
0 Homes |
0 Bedrooms |
0 Total sq ft |
$0 Total development cost |
| Homes | Type | Affordability | Rent / price |
|---|
A surplus on the buildings can cover a shortfall on the infrastructure. It does not run the other way: CHIP increment can only be spent on eligible infrastructure. Every home must be someone's primary residence for the life of the CHIP agreement, verified by homestead declaration or landlord certificate.
This is a screening tool, not an underwriting model. It uses published tax and affordability data with planning-level cost estimates to show whether a site is worth pursuing. Confirm the site work estimate and your municipal tax rate before relying on a result, and commission a feasibility study before the town commits.
We will email a link to this tool, not a copy of your report. Nothing you have entered is included.
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