How It Works
Addison Housing Works offers downpayment grants to homebuyers through the Homeland Program and, sometimes, the Vermont Affordable Housing Tax Credit. Purchasers can receive up to 20 percent of the purchase price of a home in return for sharing appreciation with future buyers through a housing subsidy covenant or ground lease signed with AHW. (In 2022, to reflect pandemic market conditions, grants above 20% may be awarded in some circumstances.) In addition to down-payment grants, AHW also facilitates resales of affordable homes currently in the program. The median resale net purchase price is around $150,000.
Currently AHW is looking to add homes in the following towns to its portfolio: Vergennes, Bristol, Middlebury, New Haven, Waltham, Addison, Monkton and Ferrisburgh. Homes in other towns will be considered for the program on a case by case basis.
More information:Or, contact Michelle at (802)877-2626 x 116 or via email.
Currently AHW is looking to add homes in the following towns to its portfolio: Vergennes, Bristol, Middlebury, New Haven, Waltham, Addison, Monkton and Ferrisburgh. Homes in other towns will be considered for the program on a case by case basis.
More information:Or, contact Michelle at (802)877-2626 x 116 or via email.