Vermont · Grant

VHFA First-Gen Grant (Vermont)

$15,000

Up to $15,000 grant for first-generation homebuyers. First-come, first-served.

Vermont's First-Generation Homebuyer Grant provides up to $15,000 for buyers whose parents don't currently own a home. The program also includes former foster care youth, recognizing that aging out of the foster system creates unique barriers to homeownership.

The $15,000 grant is first-come, first-served and highly competitive. In Vermont's tight housing market, this grant can cover the full FHA down payment on homes up to $428,000, opening homeownership to families who lack the generational wealth that typically funds first-time purchases.

Amount$15,000
TypeGrant
Available inVermont
First-time buyer requiredYes
Minimum credit score640
Multi-unit eligibleYes — 1-4 units

House-hack eligible

True grant for first-gen buyers. Also includes former foster care youth.

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
VHFA ASSIST (Vermont) $10,000
Vermont · Deferred 0% loan
VHFA MOVE (Vermont) Lowest rates + $825 tax savings + DPA eligible
Vermont · Subsidized loan
Vermont MCC Up to $2K/year tax credit
Vermont · Annual tax credit
All Vermont programs →

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