Vermont Shared Equity Assistance
Vermont Housing Finance Agency offers Shared Equity Assistance to first-time buyers in Vermont: up to $5,000, as a grant.
- Amount
- Up to $5,000
- Kind of help
- Grant
- First-time buyers only
- Yes, with exceptions
How is Vermont Shared Equity Assistance paid back?
Grant: a grant that never has to be repaid.
A grant is money you never pay back, as long as you keep to the program's rules.
Who qualifies for Vermont Shared Equity Assistance?
- Only for buyers of shared-equity homes through a Vermont Housing Trust (community land trust or resale-restricted homes).
- Varies by county and household size, up to $180,000.
- First-time buyers only: yes, with exceptions.
- It comes with this first mortgage: Fannie/Freddie Community Land Trust or Resale Restricted loan.
The exact income limit for your county and household size is on the agency's income chart. Our HUD income limits lookup shows your area's median income.
How to apply for Vermont Shared Equity Assistance
- Vermont Housing Finance Agency pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on Vermont Housing Finance Agency's page for Shared Equity Assistance, or pick a lender from the agency's list of participating lenders.
Ask a lender about Vermont Shared Equity Assistance
Tell us where you're buying and a lender that works with Vermont's programs can tell you whether Vermont Shared Equity Assistance fits you, and what you could combine with it.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in Vermont
- Vermont Down Payment Assistance (ASSIST): up to $10,000, deferred loan.
- Vermont First Generation Homebuyer Program: up to $15,000, grant.
All Vermont first-time home buyer programs · Down payment assistance in every state