About This Property
Winchester Place comprises 148 units in Colchester, Vermont, with 76 units designated as low-income housing. The property offers 142 two-bedroom and six three-bedroom apartments and serves families. Placed in service in 2015, Winchester Place is non-profit owned and financed through HOME, CDBG, tax-exempt bonds, and FHA funding.
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: 142 Two-Bedroom, 6 Three-Bedroom units, for a total of 148 units.
Who manages Winchester Place?+
Winchester Place is managed by . You can reach them at .
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.
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 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 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.
Walk Score
Almost All Errands Require a Car
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