On Thursday morning, the House Ways and Means Committee will take up S.33, the bill that would establish a Project-Based Tax Increment Financing (TIF) Pilot Program and make it available to smaller communities. This program would be one of the only tools available for local governments to invest in infrastructure improvements that spur economic recovery and growth.
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April 22, 2020 – On Tuesday, Karen Horn sent letters to the chairs of the House and Senate Appropriations committees. During the COVID 19 pandemic, municipal revenues have been plunging, while at the same time constituents’ needs for services have skyrocketed. Federal aid to replace lost revenues at the local level looks unlikely.
April 13, 2020 – VLCT Advocacy has forwarded to the appropriate legislative committees – House Ways and Means, Senate Finance, and both Government Operations – a letter from Colchester Town Manager Aaron Frank urging the state to borrow the amount of unpaid education property tax dollars that are necessary to make the education fund whole, instead of individual municipalities.
WASHINGTON, April 8, 2020 – USDA Rural Development has taken a number of immediate actions to help rural residents, businesses, and communities affected by the COVID-19 outbreak.
Read the full announcement in the PDF linked below to learn more about the opportunities USDA Rural Development is implementing to provide immediate relief to its customers, partners, and stakeholders.