Burlington Housing Authority Homeownership Voucher Program

Administered by: Burlington Housing Authority · City · Grant

Funding status: Active

How much assistance

Monthly mortgage subsidy (pays 30-40% of income toward mortgage, BHA covers the balance) (Grant)

Ongoing monthly subsidy applied toward mortgage payments, similar to Section 8 rental assistance.

Eligibility

  • Income limits: Must be a current Section 8 Housing Choice Voucher holder
  • First-time buyer required: No
  • Geographic restrictions: Burlington, Vermont area.
  • Homebuyer education required: Yes

How to Apply for Burlington Housing Authority Homeownership Voucher Program

Step 1: Must be a current Section 8 voucher holder. Attend homeownership education at Champlain Housing Trust (designated NeighborWorks HomeOwnership Center). Get pre-approved for a mortgage, then schedule a meeting with a BHA rental assistance specialist. Contact BHA at 802-864-0538.

Visit program website

Notes

Converts Section 8 rental assistance voucher to homeownership assistance. Champlain Housing Trust is the designated homebuyer education provider.

Cities Where This Program Is Available