NAR's Realtors® Relief Foundation to Aid Vermonters Impacted by Floods
The Realtors® Relief Foundation (RRF), a charitable, non-profit arm of the National Association of Realtors®, has awarded a $500 thousand grant to the Vermont Association of Realtors® (VAR) to aid Vermonters who have been impacted by recent floods.
“The recent floods have caused widespread damage to homes, infrastructure, and communities across Vermont, leaving many struggling to cope with the aftermath,” said VAR President Sarah Peluso. “Funding from the Realtors® Relief Foundation will aid Vermonters with their recovery and rebuilding efforts.”
RRF funds will be made available to eligible applicants on a first-come, first-served basis to help with homeownership-related challenges. Successful applicants should receive RRF funding within four weeks.
To apply for funding, download the PDF application below. For questions, please email floodrelief@vermontrealtors.com.
Since its inception in 2011, the RRF has awarded $40 million in disaster relief funding to those impacted by natural disasters. Every dollar donated to the RRF goes directly to victims of disasters. The National Association of Realtors® covers 100% of administrative costs.
To learn more about the background of the RRF, click below.
Eligibility
Type of Assistance
Assistance is available to qualified applicants towards one of the following options: 1) Monthly mortgage expense for the primary residence that was damaged by the Flooding Disaster or; 2) Rental cost due to displacement from the primary residence resulting from the Flooding Disaster or; 3) Hotel reimbursement due to displacement from the primary residence resulting from the Flooding Disaster. Relief assistance is limited to a maximum of $2,000 per household. Deadline for application submission is October 31, 2023. Please note this assistance is for housing relief only; other expenses including second mortgages(home equity lines or loans), clothing, appliances, equipment, vehicle purchase, rental or repair and or mileage are ineligible for reimbursement under this program.
Eligibility
Recipient must be a full-time resident and U.S. citizen or legally admitted for residence in the United States.
All information provided on this form will remain confidential and will be available only to those who need to confirm eligibility for assistance and to those who process the assistance to be provided. This includes providing a copy of this application to the applicant’s lender or landlord, if requested. It will not be shared with other parties for any other purpose.
Disbursement of Funds
In order to provide for a reasonable and equitable distribution of funds, assistance will be provided on a first come, first serve basis. All grants are contingent upon the availability of funds.