Affordable Homes For Sale
CHT makes homeownership possible for many through our innovative program that provides down-payment grants to qualified buyers. In exchange for the grant, buyers share a portion of the home's increase in value with the next buyer when they sell. In this way, we are able to keep homes affordable forever. There are over 500 homes under our stewardship in this program.
CHT's shared-equity homeownership program won the United Nations World Habitat Award because it is sustainable and innovative – public grants are treated as permanent investments in affordable owner-occupied homes.
CHT's 507 shared-equity homes serve family after family without needing additional public investment, and the homes become more affordable over time even as sellers earn sufficient equity to purchase their next home in the private market.
A CHT home has never been lost from our portfolio due to foreclosure, and over the course of 25 years, only nine homeowners have undergone foreclosure. In each case the home was retained as permanently affordable and transferred to another eligible buyer.
Case Study
Colin and Sarah Robinson
Colin and Sarah Robinson were high-school sweethearts growing up in Brattleboro. They were drawn to settle down in Burlington more…
©2011 | PRIVACY
88 King Street
Burlington, VT 05401
NMLS ID# 179570
13 Lake Street
St. Albans, VT 05478
NMLS ID# 184793
