About This Property
Middlebury Commons offers 63 one-bedroom units designated for low-income elderly residents in Middlebury, Vermont. The property has been in service since 1990 and is funded through 4% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Addison County, VT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,017 |
| 1 Bedroom | $1,062 |
| 2 Bedroom | $1,332 |
| 3 Bedroom | $1,741 |
| 4 Bedroom | $1,774 |
Income Limits - Addison County, VT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,900
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $22,600
- Very Low (50%)
- $37,700
- Low (80%)
- $60,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,850
- Low (80%)
- $66,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,200
- Low (80%)
- $72,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,550
- Low (80%)
- $77,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,900
- Low (80%)
- $83,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,250
- Low (80%)
- $88,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,600 | $29,300 | $46,900 |
| 2 Persons | $20,100 | $33,500 | $53,600 |
| 3 Persons | $22,600 | $37,700 | $60,300 |
| 4 Persons | $26,500 | $41,850 | $66,950 |
| 5 Persons | $31,040 | $45,200 | $72,350 |
| 6 Persons | $35,580 | $48,550 | $77,700 |
| 7 Persons | $40,120 | $51,900 | $83,050 |
| 8 Persons | $44,660 | $55,250 | $88,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Middlebury, VT?+
The Fair Market Rent (FMR) for Addison County, VT is: $1017 (Studio), $1062 (1BR), $1332 (2BR), $1741 (3BR), $1774 (4BR). Actual rent at subsidized properties like Middlebury Commons is typically 30% of household income or less.
What size apartments are available at Middlebury Commons?+
Middlebury Commons offers the following unit types: 63 One-Bedroom units, for a total of 63 units.
Who is eligible to live at Middlebury Commons?+
Middlebury Commons primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Middlebury, VT?+
Based on Fair Market Rent for Addison County, the estimated price range is: 1-bedroom: $1062. Actual rent at Middlebury Commons may be lower for income-eligible households.
What are the income limits for affordable housing in Addison County, VT?+
For a 4-person household in Addison County, VT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,850, Low Income (80% AMI): $66,950. These limits are set by HUD and updated annually.
Who manages Middlebury Commons?+
Middlebury Commons is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Middlebury Commons?+
Middlebury Commons is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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