Housing Trust Fund - 0% Interest Loans for Accessory Dwelling Units

How it works

Montpelier’s Housing Trust Fund is a city program that supports affordable housing in Montpelier through grants and loans. The official page says the fund can support new construction, renovations, accessory dwelling units, and down payment assistance.

What the money covers

For this line item, the fund offers 0% interest loans for Accessory Dwelling Units (ADUs). The city says these loans are for property owners adding an ADU, with limits on the rent they can charge.

Amounts and matching

• 0% interest loans up to $50,000.
• The page also notes that the fund overall includes other products, such as grants for affordable housing projects, but those are not homeowner hardening programs.

Timing and deadlines

The page says the fund operates in occasional funding cycles. It does not provide a current open/close date on the page excerpt available.

Homeowner takeaway

This is a real city loan program, but it is primarily a housing-development tool, not a wildfire or natural-disaster hardening program. I am including it only because it is an official Montpelier homeowner incentive and may finance construction work at a residence.