Money to rehabilitate rentals

SOUTHERN VERMONT - Applications are now being accepted for private landowners looking to bring their offline apartments back up to health and safety code. The program is a statewide initiative called Vermont Housing Improvement Program administered by the local homeownership centers across Vermont. Windham & Windsor Housing Trust covers both Windham and Windsor counties.
VHIP provides rental property owners up to $30,000 per unit to cover the costs of bringing vacant and blighted rental units back online. This program is designed to address two critical issues in the state: the declining quality of rental units and the homeless assistance programs that often struggle to find suitable housing for their clients. Program participants are required to provide a 20% match, maintain HUD fair market rent prices, and work with coordinated entry lead organizations to identify suitable tenants exiting homelessness.
VHIP was modeled after the highly successful 2020 Re-Housing Recovery Program, which brought over 240 units up to code, of which approximately one-third house formerly homeless households; 74 of those units were in Windham and Windsor counties. To learn more about the program and to apply visit www.homemattershere.org/rental-rehab or call (802) 254-4604.