TIF – Tax Increment Financing

TIF – Tax Increment Financing for Bennington

With the passage of legislation this term, the Vermont Legislature has made it possible for six additional communities to apply for and establish a Tax Increment Financing District to incentivize and support private development investment in downtown’s.  Bennington intends to take advantage of this opportunity by applying for one of the available TIF programs to support development in Bennington Downtown.  This page will provide you with information about Tax Increment Financing and the steps being taken by the Town to establish a Bennington downtown TIF district.

Information will be posted here as this process moves forward.  We invite you to stay abreast of a TIF for Bennington.  The public can and will play an important role.  Your knowledge and understanding of TIF is important.

Please feel free to contact the Town with your questions and ideas at: info@benningtonvt.org 

Tax Increment Financing (TIF)