About This Property
Congress & Park offers 12 units of affordable housing in Morrisville, Vermont, with 8 units designated for low-income households. The property includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom units and serves families in Lamoille County. This non-profit owned property has been in service since 1995 and utilizes 9% Low-Income Housing Tax Credit financing.
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 Congress & Park is typically 30% of household income or less.
What size apartments are available at Congress & Park?+
Congress & Park offers the following unit types: 1 Studio, 5 One-Bedroom, 4 Two-Bedroom, 2 Three-Bedroom units, for a total of 12 units.
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, 3-bedroom: $1713. Actual rent at Congress & Park 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 Congress & Park?+
Congress & Park primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Congress & Park?+
Congress & Park is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Congress & Park?+
Congress & Park 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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