About This Property
Arthur's Main Street Housing in Morrisville, VT contains 18 units, including 13 low-income apartments serving families. The property features 14 one-bedroom and 4 two-bedroom units and has been in service since 2014. This non-profit owned community receives funding through HOME and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Lamoille 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 | $913 |
| 1 Bedroom | $983 |
| 2 Bedroom | $1,291 |
| 3 Bedroom | $1,713 |
| 4 Bedroom | $1,719 |
Income Limits - Lamoille 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 Morrisville, VT?+
The Fair Market Rent (FMR) for Lamoille County, VT is: $913 (Studio), $983 (1BR), $1291 (2BR), $1713 (3BR), $1719 (4BR). Actual rent at subsidized properties like Arthur'S Main Street Housing is typically 30% of household income or less.
What size apartments are available at Arthur'S Main Street Housing?+
Arthur'S Main Street Housing offers the following unit types: 14 One-Bedroom, 4 Two-Bedroom units, for a total of 18 units.
Who manages Arthur'S Main Street Housing?+
Arthur'S Main Street Housing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Arthur'S Main Street Housing?+
Arthur'S Main Street Housing 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.
What is the price range for apartments in Morrisville, VT?+
Based on Fair Market Rent for Lamoille County, the estimated price range is: 1-bedroom: $983, 2-bedroom: $1291. Actual rent at Arthur'S Main Street Housing may be lower for income-eligible households.
What are the income limits for affordable housing in Lamoille County, VT?+
For a 4-person household in Lamoille 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.
Who is eligible to live at Arthur'S Main Street Housing?+
Arthur'S Main Street Housing primarily serves families. 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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