About This Property
Passumpsic North is a 14-unit affordable housing community in St. Johnsbury that serves elderly residents. The property offers 13 one-bedroom and one two-bedroom units designated as low-income housing. Placed in service in 2008, this non-profit owned property is financed through tax-exempt bonds and operates under 4% Low-Income Housing Tax 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in St Johnsbury, 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 Passumpsic North is typically 30% of household income or less.
What size apartments are available at Passumpsic North?+
Passumpsic North offers the following unit types: 13 One-Bedroom, 1 Two-Bedroom units, for a total of 14 units.
What is the price range for apartments in St Johnsbury, VT?+
Based on Fair Market Rent for Caledonia County, the estimated price range is: 1-bedroom: $922, 2-bedroom: $1068. Actual rent at Passumpsic North may be lower for income-eligible households.
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.
How do I apply for housing at Passumpsic North?+
Passumpsic North 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 Passumpsic North?+
Passumpsic North primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Passumpsic North?+
Passumpsic North is managed by . You can reach them at . Visit their website for more information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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