In addition to VHFA, the following programs are available to help lower the costs of purchasing a home in Vermont:
- Shared Equity Down Payment Grant
- Equity Builder Down Payment Assistance
- Housing Our Workforce (HOW) Grant
- Habitat for Humanity
- USDA RD Direct Home Loan Program
Shared Equity Down Payment Grant
- Buy a home through a VT NeighborWorks HomeOwnership Center near you
- Down payment grant to lower purchase price and monthly payment
- Inventory is limited, income and other eligibility requirements apply
Visit Vermont NeighborWorks Alliance to find a HomeOwnership Center near you.
Equity Builder Down Payment Assistance
- Down payment and closing cost assistance -- sometimes up to $15,000!
- Ask about Equity Builder at your local VT Member Lender
- First-time homebuyer and other eligibility requirements apply
- Funds are limited and available on a first-come, first-served basis
Visit FHLBB Equity Builder for more details.
Housing Our Workforce (HOW)
- Matching grant program to help lower down payment and closing costs
- Ask about HOW at your local VT Member Lender
- Income and other eligibility requirements apply
- Funds are limited and available on a first-come, first-served basis
Visit FHLBB Housing Our Workforce (HOW) for more details.
Habitat for Humanity
- Build a home with help from volunteers through a local Habitat for Humanity chapter
- Invest ‘sweat equity’ to lower the purchase price and monthly payment
- Projects are limited, income and other eligibility requirements apply
Visit Green Mountain Habitat or Central Vermont Habitat for more information and availability
USDA RD Direct 502 Home Loan*
- Special subsidized loan that can lower interest rate to 1%
- No down payment required
- Apply directly through Vermont USDA Office
- Income and other eligibility requirements apply
Visit USDA RD Single Family Direct Home Loan for more details.