Local Deeds is an innovative program designed to help local workers live in the communities they work in. The program was adapted from a model developed in the resort community of Vail, Colorado, and tailored for Vermont with guidance from experts ensuring it is legally and financially sound.

Local Deeds provides a one time cash downpayment contribution of up to 16% of a property’s fair market value, or up to $96,000, in exchange for a permanent deed restriction that secures the home for local workers in perpetuity. The program supports buyers purchasing a home in Barnard, Bridgewater, Hartland, Plymouth, Pomfret, Reading, or Woodstock. To qualify, at least one resident of the home must be a local worker employed a minimum of 25 hours per week within a 16 mile radius of the Woodstock Town Hall. There is no income cap or resale value restrictions. No short term rentals are allowed, and the owner is required to provide  annual proof of compliance. 

Local Deeds does not replace the current state-sponsored down payment program but rather works for people who exceed the salary or purchase price limits of the state program. Local Deeds will not consider buyers who are eligible for the Twin Pines Home Ownership Program.

Since the program's first deed restriction purchase in January 2024, Local Deeds has deed-restricted 28 housing units, securing housing for 40 local workers and keeping 21 children enrolled in local schools. Property prices range from $200,000 to $800,000 and the average payment made per unit of housing is $68.800. Our successful applicants work in local schools, for their town, at Dartmouth Hitchcock Medical Center, and own local businesses. Keeping them in our community helps keep everyone educated, healthy, and well cared for

Local Deeds is experiencing a successful third year. Our first priority is  to offer down payments to prospective buyers. Apply here if you are interested. If you would like to learn more, check out our Frequently Asked Questions.