Financial Assistance for Individuals

This is for informational purposes only. For complete information about a particular program, use the link provided under eligibility or contact the sponsoring agency.

203(h) Mortgage Insurance for Disaster Victims

Helps victims in presidentially-designated disaster areas recover by making it easier to obtain mortgages to purchase a new home or rebuild their home that was damaged by a disaster.

Eligibility

Must be a homeowner of a one-family home that was destroyed during a presidentially-declared disaster
Must be primary residence
Must be able to make monthly mortgage payments and be rehabilitating a home that is at least one year old

www.hud.gov/offices/hsg/sfh/ins/203h-dft.cfm

Sponsoring Agency:
U.S. Department of Housing and Urban Development
Federal Housing Administration (FHA)
1-800-225-5342

www.hud.gov

Home and Property Disaster Loans

Loans to homeowners or renters to repair or replace disaster-damaged real estate or personal property owned by victim. Renters are eligible for personal property losses, including automobiles. Homeowners may apply for up to $200,000 to repair or replace their primary residence to its pre-disaster condition.

Eligibility

Property located in a declared disaster area
Only uninsured or otherwise uncompensated disaster losses
Applicant must meet credit requirements
Fact Sheet
Frequently Asked Questions

http://www.sba.gov/content/home-and-personal-property-loans

Sponsoring Agency:

U.S. Small Business Administration
1-800-659-2955

Local Offices

www.sba.gov

Individual and Households Program (IHP)

Provides money and services to people when losses are not covered by insurance and property has been damaged or destroyed. Inculdes:

temporary housing, repair and/or replacement, permanent/semi permanent housing construction, and other necessary expenses such as, medical, funeral, transportation.

Eligibility

To receive money or help for Housing Needs that are the result of a disaster, all of the following must be true:

You have filed for insurance benefits and the damage to your property is not covered by your insurance
You or someone who lives with you is a citizen of the United States, a non-citizen national, or a qualified alien
Your home is in an area that has been declared a disaster area by the President
The home in the disaster area is where you usually live the majority of the year
You are not able to live in your home now, you cannot get to your home due to the disaster, or your home requires repairs because of damage from the disaster

www.kdheks.gov/download/disaster_recovery/help_after_disaster.pdf

Sponsoring Agency:
FEMA
Helpline 1-800-621-3362
www.fema.gov

Champlain Housing Loan Fund

Funds for rehabilitation and construction of essential structural and/or mechanical systems necessary for you and your family’s health and safety.

Eligibility

Homeowners of Franklin, Grand Isle and Chittenden (except in Burlington) counties

Applicant must meet income eligibility requirements
Property must be primary residence

www.getahome.org/loans

Sponsoring Agency:
Champlain Housing Trust
802-862-6244
www.champlainhousingtrust.org

Green Mountain Loan Fund

Funds for rehabilitation to resolve health and safety issues such as weatherization, structural problems (leaking roof, etc.) or systems failures (heating, septic, etc.); rehabilitation needed to meet Housing Quality Standards or correct municipal or state code violations; and, access modification for elderly or disabled homeowners.

Eligibility

Homeowners of Washington, Orange, and Lamoille counties Applicant must meet income eligibility requirements

www.cvclt.org/loans.html

Sponsoring Agencies:
Central Vermont Community Land Trust
802-476-4493
www.cvclt.org

Champlain Housing Trust
802-862-6244
www.champlainhousingtrust.org

Lamoille Housing Partnership, Inc.
802-888-5714

Gilman Housing Trust Revolving Loan Fund

Funds for home repair for energy efficiency improvements, heating systems, including alternative fuel heating sources such as pellet stoves; accessibility modifications, including ramps roof and foundation repairs, wells and septic systems, and plumbing and wiring.

Eligibility

Homeowners of Orleans, Essex, and Caledonia counties. Applicant must meet income eligibility requirements

www.myvthome.org/RevolvingLoanFund/tabid/59/Default.aspx

Sponsoring Agency:
Gilman Housing Trust
888-698-8466
www.myvthome.org