Read about how successful these members have been!
Attend one of our informational HopeBuilders breakfasts to learn more about the Champlain Housing Trust and the affordable housing work we do in northwestern Vermont.
Housing Loan Fund
Home Repair Loans - Do you own a home in Franklin, Chittenden, or Grand Isle county and need essential repairs, but aren't sure how to pay for them? Maybe we can help. Our loan program provides eligible home owners with affordable terms, and free project coordination services.
Manufactured Housing Down Payment Assistance Loans - Do you own an old, drafty mobile home and want to replace it with a new, Energy Star rated model? Are you interested in buying an Energy Star rated manufactured home, but can't quite afford the down payment? This program may be able to help.
The Champlain Housing Trust’s Home Education program has both group education and individual counseling to serve renters, those who want to improve financial skills, homebuyers and home owners. We offer many monthly groups, often alternating between Burlington and St Albans.
Shared Equity Program
Champlain Housing Trust offers down payment assistance grants to income and asset eligible buyers. These grants are perpetually (forever) tied to the property. They are repaid by the owner at the time of sale and given to the next buyer of the home, thus keeping the property affordable for generations to come. Also in efforts to keep the property affordable, CHT, as a community land trust, will own the land under the house. You will enter into a ground lease agreement that gives you full “rights, use, and responsibility” of the land when you purchase the home.
Cooperative Housing Program
In a housing cooperative, ‘the members are the landlord.’ Members work together to run the co-op, doing the things a landlord would do in rental housing. The aspect of shared control and responsibility makes co-ops different from renting or owning.
Co-op housing isn’t for everyone, but it’s ideal for people who want to be involved with their neighbors in creating community.
Financially, joining a co-op is more like renting: members do not buy any real estate. But co-op living brings a level of security, control, and responsibility that amounts to an ‘ownership mentality’ without the individual financial investment of buying a home.