About This Property
Morrisville Community Housing comprises 16 low-income units serving families in Morrisville, VT. The property offers a mix of one-, two-, and three-bedroom apartments, with 3 one-bedroom, 9 two-bedroom, and 4 three-bedroom units available. Placed in service in 2011, this non-profit owned community is funded through the HOME program.
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 Morrisville Community Housing is typically 30% of household income or less.
What size apartments are available at Morrisville Community Housing?+
Morrisville Community Housing offers the following unit types: 3 One-Bedroom, 9 Two-Bedroom, 4 Three-Bedroom units, for a total of 16 units.
Who manages Morrisville Community Housing?+
Morrisville Community Housing is managed by . You can reach them at . Visit their website for more information.
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 Morrisville Community 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 Morrisville Community Housing?+
Morrisville Community Housing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Morrisville Community Housing?+
Morrisville Community 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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