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The Shared Equity Application Process

Am I qualified?

To receive a Shared Equity grant, applicants must have good credit and make no more than 120% of HUD area median income limits. For lower incomes, additional grants and low-interest loans may be available through the American Dream program and USDA Rural Development.

Applicants must also be able to obtain a mortgage from a traditional lender, as ACCT does not have in-house financing. Usually, buyers combine the Shared Equity grant with a mortgage from a lending institution such as their local bank or credit union, USDA-Rural Development, or the Vermont Housing Finance Agency.

More information:
  • Shared Equity Program Application
  • Shared Equity Program Checklist

How do I apply?

Call us at (802) 877-2626 ext. 100, or stop by the ACCT office at 272 Main Street in Vergennes to pick up an application. You can also download the application at the above link.

Back to Shared Equity
Main Office: 272 Main St | PO Box 311 | Vergennes, VT 05491 | (802)877-2626
Apartment Management Division: 272 Main St | PO Box 156 | Vergennes, VT 05491 | (802)877-2626