VHIP Application
The Vermont Housing Improvement Program is underway! There are two different applications. Please select the correct application based on your type of project.
Rehab of existing units and new units
Funding Update:
Applications received after April 15, 2023, will be added to a waitlist.
Would you like to add your name to our contact list for updates about future rounds of VHIP? Click here to complete our interest form.
Homeowners considering adding an ADU please visit the ACCD ADU website and review the How-To Checklist for ADU’s and other resources to familiarize yourself with the process of adding an ADU.
About the program:
Landlords can apply for grants to bring units up to Vermont Rental Housing Health Code guidelines. These grants can be:
- Up to $30,000 for the rehabilitation of each 0-2 bedroom unit.
- Up to $50,000 for the rehabilitation of each 3+ bedroom unit.
- Up to $50,000 for the creation of new units, including the creation of accessory dwelling units (ADUs).
In order to participate in this program, Landlords will also be required to:
1. Rent at or below HUD Fair Market Rent for 5 years:
HUD Fair Market Rent for Chittenden, Franklin and Grand Isle Counties:
Efficiency: $1,139
One Bedroom: $1,238
Two Bedroom: $1,615
Three Bedroom: $1,982
Four Bedroom: $2,180
NOTE: While these are the maximum allowed rents, they may not be affordable to eligible tenants and therefore rents may need to be lower than the HUD Fair Market Rent.
2. Work with Coordinated Entry Lead Organizations to find tenants for 5 years. ADUs are exempt from this requirement.
3. Contribute funds equaling 20% of the Granted funding prior to receiving distributions.
NOTE: existing units must be vacant for at least 90 days.
* Other program requirements may apply.
If you have questions, please email [email protected] or call (802) 810-8217.
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