About This Property
Bemis Block Redevelopment offers 14 one-bedroom units in Hardwick, Vermont, serving elderly residents. The property has been in service since 2007 and operates as a non-profit owned community with funding from HOME and CDBG programs. All 14 units are designated as low-income housing and financed through 9% LIHTC credits.
Property Details
Fair Market Rent - Caledonia 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 | $899 |
| 1 Bedroom | $922 |
| 2 Bedroom | $1,068 |
| 3 Bedroom | $1,390 |
| 4 Bedroom | $1,657 |
Income Limits - Caledonia 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hardwick, VT?+
The Fair Market Rent (FMR) for Caledonia County, VT is: $899 (Studio), $922 (1BR), $1068 (2BR), $1390 (3BR), $1657 (4BR). Actual rent at subsidized properties like Bemis Block Redevelopment is typically 30% of household income or less.
What size apartments are available at Bemis Block Redevelopment?+
Bemis Block Redevelopment offers the following unit types: 14 One-Bedroom units, for a total of 14 units.
What are the income limits for affordable housing in Caledonia County, VT?+
For a 4-person household in Caledonia 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.
What is the price range for apartments in Hardwick, VT?+
Based on Fair Market Rent for Caledonia County, the estimated price range is: 1-bedroom: $922. Actual rent at Bemis Block Redevelopment may be lower for income-eligible households.
Who manages Bemis Block Redevelopment?+
Bemis Block Redevelopment is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bemis Block Redevelopment?+
Bemis Block 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 Bemis Block Redevelopment?+
Bemis Block Redevelopment primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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