Homeownership Program

Twin Pines Housing provides down payment grants to help reduce the purchase price of a home or condo for qualifying families. In exchange for this grant, homebuyers agree to limit their profit should they sell the home. This profit cap allows the home to remain affordable to future buyers of modest means.

Grants may be available for buyers earning up to 120% of the county’s median income where the home is located (175% for homes through Woodstock Community Trust). For example, the 2022 income limit for a three-person household in Windsor County, VT is $95,160.

Our homeownership team has been stewarding homes in this program since 1990, with homes added to the program as new grants become available. So if you are interested in purchasing a home already in the program or have found your dream home on your own, it’s time to get started.

Learn how we help make homeownership a reality: download our brochure!

To apply for our program, please complete a Buyer Application: download our Buyer Application!

Mail or email the completed application to us and we will follow-up with you promptly.

Property Listings

1 Bedroom Condominium – 16 Hemlock Ridge Road, White River Junction, VT

Renovated kitchen
Clean and updated throughout
Quick walk to Norwich Farmer’s Market or King Arthur Flour
$253 HOA fee includes heat/hot water/sewer/trash/snow plowing/pool and tennis

Financial Considerations for Qualified Buyers:

Cost: $159,000

Twin Pines Grant: ($59,550)

Total Cost: $99,450

To qualify, the income limit is $74,040 for one person, $84,600 for two persons, and $95,160 for three persons. Closing cost assistance may be available.

To learn more or to apply, call Anne Hill at Twin Pines Housing

(802) 291-7000, ext. 102 or email anne.hill@tphtrust.org.

Downpayment grants help qualifying buyers purchase a home in Vermont

Twin Pines Housing is currently accepting applications for down payment grants to help qualifying buyers purchase a home in Vermont. The maximum grant amount is $60,000, or 20% of the purchase price of the property, whichever is less. New grant funds typically become available in July and go quickly, so contact us to begin the application process.

Download our Grant Information Sheet here

Twin Pines Housing can help make owning a home possible

Homebuyer’s Workshop

Twin Pines Housing encourages ALL homebuyers, especially first-time homebuyers, to take an approved homebuyer’s class. Completion of an approved class is required before buying a home in our program and is also required by certain mortgage lenders, such as USDA Rural Development, VHFA and NH Housing. The three providers to the right offer approved classes – Downstreet and Windham & Windsor offer classes for Vermont, AHEAD offers classes for New Hampshire. Please click on their logo for class schedules and locations, including some online options.

Twin Pines Housing is expanding its offerings of local homebuyer classes. Save yourself the time and expense of driving an hour to 1.5 hours away by attending a class in the Upper Valley. Classes utilize the national eight-hour Neighborworks curriculum. Check back for local dates and times.