Housing Trust Fund

The Burlington Housing Trust Fund (BHTF) provides grants and loans for the promotion, retention and creation of long-term affordable housing for very low, low and moderate-income households. Nonprofit corporations, municipal corporations, limited equity housing cooperatives, for-profit corporations, partnerships and individuals are eligible to apply for project funding. Capacity grants are also made for the staffing, training, planning, fundraising and ongoing operations of nonprofit organizations creating or preserving housing for very low, low and moderate-income households. The total funding available for FY2016 is approximately $337,750, including CEDO’s administrative portion. Housing Trust Funds are used for projects and organizations serving the housing needs of low-income Burlington residents. All projects must serve households having an income not exceeding 100% of median income, as defined by the U.S. Department of Housing and Urban Development, and preference is given to proposals serving households having an income not exceeding 50% of median income. Priority for funding is given to perpetually affordable housing projects. Organizations that provide services, as distinct from housing development, are limited to capacity grants of no more than $7,500 per program.

Below are the annual Housing Trust Fund awards:

If you have questions about the Housing Trust Fund, please contact Housing Program Manager Todd Rawlings at 652-4209.