{"data":{"id":"us-vt/32-v.s.a.-3847","jurisdiction":"us-vt","citation":"32 V.S.A. § 3847","heading":"Neighborhood housing improvement programs","body":"At an annual or special meeting, a municipality may vote to exempt, for a period not exceeding five years, the property tax on the value of improvements made to principal dwelling units with funds provided in whole or in part by a nonprofit, neighborhood, or municipal housing improvement program that limits eligibility to residents with incomes below the median income of the State. Such programs include neighborhood housing services, Community Loan Funds, community land trusts, neighborhood planning associations, and municipal housing improvement programs.","path":["Title 32: Taxation and Finance","Chapter 125: Exemptions","Subchapter 002: RESTRICTED EXEMPTIONS"],"source_url":"https://legislature.vermont.gov/statutes/section/32/125/03847","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T17:17:10Z","sha256":"dd5bd14991ddbdb835e1ebfec8839adc41bfdb938d9cb285cde027bcf1acf804","source_id":"us-vt","stale":false,"prev":"us-vt/32-v.s.a.-3846","next":"us-vt/32-v.s.a.-3848"},"notice":"GroundRules: Original legal text. Not legal advice."}