Down Payment Assistance

Since the enactment of the Vermont Down Payment Assistance (DPA) program in 2015, VHFA has helped over 1,000 Vermonters and their families use the program to buy their first homes.  Also known as the ASSIST program, it provides up to $7,500 to each qualifying homebuyer in the form of a non-amortizing, 0% second mortgage. Only available in conjunction with a VHFA first mortgage, the DPA loan is repaid when the first mortgage is refinanced or the home is sold.

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.