About This Property
Winchester Place offers 166 apartments in Colchester, Vermont, with 75 units designated as low-income housing. The community includes 158 two-bedroom and 8 three-bedroom units designed to serve families, and has been in operation since 1990. A non-profit organization owns and operates the property, which is funded through tax-exempt bonds and financed with 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Chittenden 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 | $1,341 |
| 1 Bedroom | $1,441 |
| 2 Bedroom | $1,887 |
| 3 Bedroom | $2,390 |
| 4 Bedroom | $2,513 |
Income Limits - Chittenden County, VT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,150
- Very Low (50%)
- $33,600
- Low (80%)
- $53,700
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,400
- Low (80%)
- $61,400
- Extremely Low (30%)
- $25,900
- Very Low (50%)
- $43,200
- Low (80%)
- $69,050
- Extremely Low (30%)
- $28,750
- Very Low (50%)
- $47,950
- Low (80%)
- $76,700
- Extremely Low (30%)
- $31,050
- Very Low (50%)
- $51,800
- Low (80%)
- $82,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,650
- Low (80%)
- $89,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,500
- Low (80%)
- $95,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,300
- Low (80%)
- $101,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,150 | $33,600 | $53,700 |
| 2 Persons | $23,000 | $38,400 | $61,400 |
| 3 Persons | $25,900 | $43,200 | $69,050 |
| 4 Persons | $28,750 | $47,950 | $76,700 |
| 5 Persons | $31,050 | $51,800 | $82,850 |
| 6 Persons | $35,580 | $55,650 | $89,000 |
| 7 Persons | $40,120 | $59,500 | $95,150 |
| 8 Persons | $44,660 | $63,300 | $101,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Colchester, VT?+
The Fair Market Rent (FMR) for Chittenden County, VT is: $1341 (Studio), $1441 (1BR), $1887 (2BR), $2390 (3BR), $2513 (4BR). Actual rent at subsidized properties like Winchester Place is typically 30% of household income or less.
What size apartments are available at Winchester Place?+
Winchester Place offers the following unit types: 158 Two-Bedroom, 8 Three-Bedroom units, for a total of 166 units.
What is the price range for apartments in Colchester, VT?+
Based on Fair Market Rent for Chittenden County, the estimated price range is: 2-bedroom: $1887, 3-bedroom: $2390. Actual rent at Winchester Place may be lower for income-eligible households.
Who is eligible to live at Winchester Place?+
Winchester Place 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 Chittenden County, VT?+
For a 4-person household in Chittenden County, VT, the income limits are: Extremely Low Income (30% AMI): $28,750, Very Low Income (50% AMI): $47,950, Low Income (80% AMI): $76,700. These limits are set by HUD and updated annually.
Who manages Winchester Place?+
Winchester Place is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Winchester Place?+
Winchester Place 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.
Contact Information
Location
Chittenden County, VT
0