- Vermont Housing Improvement Program (State of Vermont)
This program offers grants up to $50,000 per unit in order to repair vacant rental units to meet the Vermont Rental Housing Health Code guidelines. The regional Homeownership Centers conduct the application reviews and project oversight. All participants in the improvement program must provide a 20% match for VHIP project grants, maintain HUD Fair Market Rent prices.
- Vermont Homeowner Assistance Program (State of Vermont)
VHAP is issuing grants to homeowners who faced struggles due to the pandemic. This assistance program is managed by Vermont Housing Finance Industry and it has been funded $50 million by the American Rescue Plan Act. Each Household could receive a grant for up to $30,000 in order to aid in mortgage payments, utility bills, property taxes, and property association charges.
- Landlord Relief Program (Vermont State Housing Authority)
This program will offer up to $5000 in order to increase rental opportunities for individuals who had limited access to housing due to rental barriers.
- Vermont Housing Finance Industry (Vermont Housing Finance Agency)
Helps low and moderate income Vermonters finance and find affordable housing. VFHA provides financing, development and management support, subsidy administration and tax credits for approximately 8,000 affordable apartments statewide.
- HOME-ARP (Vermont Housing and Conservation Board)
The American Rescue Plan Act offers funding to address homelessness to be provided through the existing HOME program. Vermont has been awarded $9,564,691 for funding and these funds are available for rental units to serve individuals and households experiencing homelessness or at-risk of homelessness.
- Vermont Housing & Conservation Board
Provides grants and loans for affordable housing. The affordable housing developments eligible for funding include rental housing, mobile homes, single family home ownership, housing for seniors, victims of domestic violence, people with disabilities.
- Shared Equity Home Ownership (Vermont Housing and Conservation Board)
Home ownership grants provide funds to subsidize the cost of purchasing a home which in turn increases the affordability of a home. Households can receive grants of up to %50,000 or 20% of the home’s purchase price and these funds depend on the income level, need, and other factors of the household.
- The National Housing Trust Fund (Vermont Housing and Conservation Board)
A federal affordable housing program that strives to increase and preserve the supply of decent, safe, and sanitary housing for extremely low income households.
- Self-Help Homeownership Opportunity Program (SHOP) (US Department of Housing and Urban Development)
SHOP awards grants to eligible national and regional nonprofit organizations to purchase sites to develop the infrastructure for low-income families. These grants can only be utilized for land acquisition, infrastructure improvements, and administrative costs. Expenses for the project can exceed an average of $15,000 in SHOP assistance.
resources gathered by Sydney Carvajal
Rutland Region Housing Resource Guide – Version 1 | Rutland Regional Planning Commission (rutlandrpc.org)
Resources
