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:

  • Rehabilitate existing vacant units

  • Rehabilitate structural elements affecting multiple units, such as the roof of a multi-family property

  • Develop a new Accessory Dwelling Unit (ADU) on an owner-occupied property

  • Create new units within an existing structure

  • Create a new structure with five or fewer residential units

  • Complete repairs necessary for code compliance in occupied units (only eligible for 10 year forgivable loan)