About This Property
Branchwood Housing provides 12 affordable units in Randolph, Vermont, including 10 low-income apartments designated for families. The property offers a mix of one, two, and three-bedroom units and has been in service since 2004. This non-profit owned development receives funding through the HOME program and maintains 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Orange 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 | $976 |
| 1 Bedroom | $1,003 |
| 2 Bedroom | $1,244 |
| 3 Bedroom | $1,601 |
| 4 Bedroom | $1,671 |
Income Limits - Orange 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 Randolph, VT?+
The Fair Market Rent (FMR) for Orange County, VT is: $976 (Studio), $1003 (1BR), $1244 (2BR), $1601 (3BR), $1671 (4BR). Actual rent at subsidized properties like Branchwood Housing is typically 30% of household income or less.
What size apartments are available at Branchwood Housing?+
Branchwood Housing offers the following unit types: 2 One-Bedroom, 8 Two-Bedroom, 2 Three-Bedroom units, for a total of 12 units.
Who manages Branchwood Housing?+
Branchwood Housing is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Branchwood Housing?+
Branchwood Housing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Randolph, VT?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $1003, 2-bedroom: $1244, 3-bedroom: $1601. Actual rent at Branchwood Housing may be lower for income-eligible households.
How do I apply for housing at Branchwood Housing?+
Branchwood 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 are the income limits for affordable housing in Orange County, VT?+
For a 4-person household in Orange 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.