About This Property
Smallest City Housing comprises 19 low-income units in Vergennes serving families across a mix of unit sizes: eleven 1-bedroom, six 2-bedroom, and two 3-bedroom apartments. The property has been in service since 2004 and is non-profit owned, financed through HOME funds and tax-exempt bonds with 4% LIHTC credits. This development offers affordable rental housing options for families in Addison County.
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 Vergennes, 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 Smallest City Housing is typically 30% of household income or less.
What size apartments are available at Smallest City Housing?+
Smallest City Housing offers the following unit types: 11 One-Bedroom, 6 Two-Bedroom, 2 Three-Bedroom units, for a total of 19 units.
What is the price range for apartments in Vergennes, VT?+
Based on Fair Market Rent for Addison County, the estimated price range is: 1-bedroom: $1062, 2-bedroom: $1332, 3-bedroom: $1741. Actual rent at Smallest City Housing may be lower for income-eligible households.
Who is eligible to live at Smallest City Housing?+
Smallest City Housing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Smallest City Housing?+
Smallest City Housing 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.
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 Smallest City Housing?+
Smallest City Housing is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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