Want to rehab a unit or build an accessory dwelling unit?
Vermont Housing Improvement Program (VHIP) offers forgivable loans up to $50,000 per unit to:
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Rehabilitate existing vacant units
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Rehabilitate structural elements affecting multiple units, such as the roof of a multi-family property
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Develop a new Accessory Dwelling Unit (ADU) on an owner-occupied property
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Create new units within an existing structure
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Create a new structure with five or fewer residential units
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Complete repairs necessary for code compliance in occupied units (only eligible for 10 year forgivable loan)