Current zoning in Chepachet Village falls within the B-1 Neighborhood Commercial, A-4 Four-Acre Agricultural Zone, and R-2, Two-Acre Residential Zones. These zoning designations have limited uses that in most cases allow a use in one zone, but it is prohibited in the other. This does not provide the village an opportunity for expansion and new businesses, new housing and the greatest flexibility for redevelopment. The Town endeavors to create a new overlay district that encourages compact development which will establish new housing and economic opportunities in Chepachet Village.