Income and purchase price limits

As of April 12, 2021

The combined gross annual income for all borrowers and non-borrowing spouses must be below the income limits listed below at the time of closing. To help you estimate whether your household is below the applicable VHFA income limit, please click here for a worksheet.

MOVE

Area Income Limits Purchase Price 1 Unit Purchase Price 2 Unit
Addison $64,560 $290,000 $350,000
Bennington $59,680 $290,000 $350,000
Caledonia, Essex, Lamoille, Orange, Orleans, Rutland, Windham $59,680 $300,000 $350,000
Chittenden, Franklin, Grand Isle $71,760 $300,000 $350,000
Washington $64,240 $300,000 $350,000
Windsor $63,440 $290,000 $350,000
Burlington Census Tract area 4 & 10* $71,760 $300,000 $350,000

MOVE MCC

Area Income Limits 1-2 Persons Income Limits 3+ Persons Purchase Price 1 Unit Purchase Price 2 Unit
Addison $80,000 $90,000 $290,000 $350,000
Bennington, Windsor $79,500 $90,000 $290,000 $350,000
Caledonia, Chittenden, Essex, Grand Isle, Lamoille, Orange, Orleans, Rutland, Windham $90,000 $98,000 $300,000 $350,000
Franklin, Washington $95,000 $110,000 $300,000 $350,000
Burlington Census Tract area 4 & 10* $95,000 $110,000 $300,000 $350,000

*To determine if a property is located within the Burlington Census Tract 4 and 10, please visit the FFIEC Geocoding System site: http://www.ffiec.gov/geocode/

Advantage

Area Income Limits 1-2 Persons Income Limits 3+ Persons Purchase Price 1-2 Unit
All Vermont Counties $100,000 $125,000 $350,000

Standalone MCC

Area Income Limits 1-2 Persons Income Limits 3+ Persons Purchase Price 1 Unit Purchase Price 2 Unit
Addison $80,000 $90,000 $290,000 $350,000
Bennington, Windsor $79,500 $90,000 $290,000 $350,000
Caledonia, Chittenden, Essex, Grand Isle, Lamoille, Orange, Orleans, Rutland, Windham $90,000 $98,000 $300,000 $350,000
Franklin, Washington $95,000 $110,000 $300,000 $350,000
Burlington Census Tract area 4 & 10* $95,000 $110,000 $300,000 $350,000

*To determine if a property is located within the Burlington Census Tract 4 and 10, please visit the FFIEC Geocoding System site: http://www.ffiec.gov/geocode/

The Vermont COVID Emergency Mortgage Assistance Program re-opened May 3, 2021. Click here to apply and read more. For emergency rental assistance, please contact Vermont State Housing Authority.