Bennington Rental Rehab
NeighborWorks of Western Vermont offers affordable loans and grants, advice, and support to small scale rental property owners who want to make health, safety, and efficiency improvements to their 1-4 unit rental properties in the Town of Bennington.
We will help you plan the project, find reliable contractors and competitive prices, and help you manage your project through completion.
Common Repair Projects include:
- Structural issues
- Accessibility issues
- Leaky roofs
- Outdated wiring
- Inefficient heating systems
We know finding a lender to finance these projects is challenging for rental property owners.
Due to our nonprofit mission to promote healthy, safe and efficient housing, we’re running a pilot program in the Town of Bennington offering grant/loan combinations to qualified owners as funding for these repairs:
- Grants: Up to $7,000 per unit for up to 5 units (4 apartments and the building)
- Affordable Loans
New Handbook for Bennington Landlords:
The Bennington office has completed a comprehensive guide to the pilot Rental Rehabilitation program that NWWVT administers within the Town of Bennington. This new eight-page handbook covers the origins of this grant-funded initiative, criteria for participation, lending and right through the actual construction process.
NeighborWorks is part of a broad effort by the State of Vermont to improve deteriorated rental housing throughout the state, but our project in Bennington is the first of its kind. “Having a really complete handbook for Rental Rehab is going to be a huge help,” said Rental Rehab manager David Traver Adolphus. “It’s not a complicated program, but there are a lot of moving parts and steps to follow, and being able to lay them out on paper is a lot easier than trying describe everything to a potential participant over the phone.” David added that the state was also very interested in having the document, as they are contemplating expanding rental rehab beyond Bennington.