The Town of St. Johnsbury is accepting applications for its 2024-25 Rental Housing Improvement Program.
Donor Name: Town of St. Johnsbury
State: Vermont
Town: St. Johnsbury
Type of Grant: Grant
Deadline: 05/31/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
The purpose of the Rental Housing Improvement Program is to encourage landlords to improve rental housing in St. Johnsbury resulting in more livable, sustainable, and marketable rental units for everyone. Universal Design, energy efficiency improvements, and Fire Life and Safety improvements are strongly encouraged.
Program Features
- A reimbursement grant is provided to landlords who complete capital improvement projects that result in more livable, sustainable, and marketable rental units for everyone.
- The maximum grant amount is $6,000 per unit, and a budget with supporting estimates must be submitted at the time of grant application.
- A 1:1 cash match is required (e.g., a grant of $6,000 requires at least a $6,000 cash match from the property owner), and the grant is reimbursement for funds spent.
- Grant funds must be used for capital improvements to real property. Please NOTE: Personal property, such as appliances, may be used as matching funds provided that the personal property purchased supports Universal Design Modifications and energy efficiency.
- The program is managed by the Town.
Program Requirements
- Property must be an existing residential rental housing unit or result in a newly registered rental-ready unit in St. Johnsbury by June 1st , 2025.
- Property owner must have an up-to-date rental housing registration for all existing rental properties owned in St. Johnsbury; the property must be available for occupancy by June 1st; the property owner must not have any outstanding health or safety violations; and the property for which a grant is sought must have been inspected by the Town Code Compliance Officer.
- Property owner must be current on all property taxes (and/or agreements), water-sewer bills, civic fees and fines, and parking fees & fines.
- The Town of St. Johnsbury must review all cost estimates and approve the budget for the project. Finished work must be inspected and approved by the Code Compliance Officer before grant money is released.
- One grant award per rental housing unit. A single property owner is eligible for a maximum of three awards per award year. In the event that all funding has not been utilized, this restriction may be waived.
For more information, visit Town of St. Johnsbury.
