About This Property
Pine Meadow Redevelopment comprises 30 residential units in Middlebury, Vermont, with 24 units designated as low-income housing. The property has been in service since 1991 and is supported through 9% Low-Income Housing Tax Credits. The development serves families and is operated under non-profit ownership.
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 Pine Meadow Redevelopment is typically 30% of household income or less.
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.
How do I apply for housing at Pine Meadow Redevelopment?+
Pine Meadow Redevelopment 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.
Who is eligible to live at Pine Meadow Redevelopment?+
Pine Meadow Redevelopment primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Pine Meadow Redevelopment?+
Pine Meadow Redevelopment is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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