Rutland City Market Rate Rental Loan
VT Licensed Lender #6200 NMLS #194008
The Rutland City Market Rate Rental Loan Program is currently closed. Please check back in the new year for re-opening dates.
In partnership with the City of Rutland, NeighborWorks of Western Vermont will administer the Rutland City Market Rate Rental Loan – Pilot Program.
All eligible owners who are recommended by the Rutland Redevelopment Authority, approved by the City of Rutland Board of Aldermen and are approved for a loan with NeighborWorks of Western Vermont will be considered fully admitted into the pilot program.
- Maximum of 2-4 units in one property
- Tenant shall not be displaced so that owner can take advantage of this loan program. Owner will attest that no tenant was displaced to take advantage of this program.
- Owner must provide evidence that any eviction within the 90 days prior to submitting an application was for cause, including, but not limited to nonpayment of rent or breach of a rental agreement.
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