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Get Matched Free →VHFA First Generation Homebuyer Grant
Funding status: Active
How much assistance
Up to $15,000
Grant does not require repayment.
Eligibility
- Income limits: Must meet VHFA income limits. Combined liquid assets must be less than $30,000.
- First-time buyer required: Yes — All borrowers and non-borrowing spouses must be true first-time homebuyers (never owned a home). At least one person taking title must have parents/guardians who never owned a home, or parents/guardians who lost their home to foreclosure, or have been in foster care.
- Credit score minimum: 640
- Geographic restrictions: Available statewide in Vermont.
- Homebuyer education required: Yes
How to Apply for VHFA First Generation Homebuyer Grant
Apply through a VHFA participating lender when obtaining a VHFA MOVE, MOVE MCC, or ADVANTAGE mortgage. Grants are available on a first-come, first-served basis while funds last.
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