Whether an experienced developer or a weekend warrior, the development process can be complex. It is important to understand local tools, requirements, and engage stakeholders where necessary.
How we can help:
Help you understand and access Tax Increment Financing
Assist in applying for Tax Stabilization from the City of Montpelier
Work with you and the Montpelier Planning Department to receive the necessary permits for your project
Help you prepare for Montpelier's Design Review Committee or Development Review Board
Assist in public engagement and project management
Tax Increment Financing
Tax Increment Financing (TIF) is a tool that municipalities use to finance public infrastructure improvements that directly enable private development and investment. Montpelier's TIF District was created in August 2018. Click here to learn more and view the District boundaries.
Tax Stabilization Policy
Tax stabilization for local taxes can be granted to eligible new industrial and commercial real estate projects. To learn more about the requirements, click here. Contact MDC for more information.
Contemplating a new project? The City of Montpelier requires a permit for any new building, change of use, or design change to a property.