Transfer of Development Rights

Description: The Town of Stowe, Vermont has a transfer of development right (TDR) program that allows owners of land within their Meadowland Overlay to sell development rights to landowners in two growth nodes. Thus, the overlay serves as the sending area, creating a financial incentive for landowners to conserve their properties, and moves that development potential to areas targeted for growth.

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Source:
Smart Growth Vermont

Format: Website

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