About This Property
Manchester Knoll is a 20-unit affordable housing community in Manchester, Vermont, offering 15 two-bedroom and 5 three-bedroom apartments for families. Placed in service in 2001, the property includes 15 low-income units and is financed through 9% Low-Income Housing Tax Credits. The non-profit owned community continues to serve families in Bennington County.
Property Details
Fair Market Rent - Bennington 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 | $936 |
| 1 Bedroom | $1,006 |
| 2 Bedroom | $1,241 |
| 3 Bedroom | $1,642 |
| 4 Bedroom | $1,929 |
Income Limits - Bennington County, VT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,450
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,350
- Low (80%)
- $50,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,300
- Low (80%)
- $67,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,550
- Low (80%)
- $77,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,450 | $27,450 | $43,900 |
| 2 Persons | $18,800 | $31,350 | $50,150 |
| 3 Persons | $21,960 | $35,250 | $56,400 |
| 4 Persons | $26,500 | $39,150 | $62,650 |
| 5 Persons | $31,040 | $42,300 | $67,700 |
| 6 Persons | $35,580 | $45,450 | $72,700 |
| 7 Persons | $40,120 | $48,550 | $77,700 |
| 8 Persons | $44,660 | $51,700 | $82,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Manchester, VT?+
The Fair Market Rent (FMR) for Bennington County, VT is: $936 (Studio), $1006 (1BR), $1241 (2BR), $1642 (3BR), $1929 (4BR). Actual rent at subsidized properties like Manchester Knoll is typically 30% of household income or less.
What size apartments are available at Manchester Knoll?+
Manchester Knoll offers the following unit types: 15 Two-Bedroom, 5 Three-Bedroom units, for a total of 20 units.
What is the price range for apartments in Manchester, VT?+
Based on Fair Market Rent for Bennington County, the estimated price range is: 2-bedroom: $1241, 3-bedroom: $1642. Actual rent at Manchester Knoll may be lower for income-eligible households.
Who is eligible to live at Manchester Knoll?+
Manchester Knoll primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Bennington County, VT?+
For a 4-person household in Bennington County, VT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,150, Low Income (80% AMI): $62,650. These limits are set by HUD and updated annually.
How do I apply for housing at Manchester Knoll?+
Manchester Knoll 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 manages Manchester Knoll?+
Manchester Knoll is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Bennington County, VT
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