About This Property
Randolph House Redevelopment offers 48 units of affordable housing in Randolph, Vermont, including 42 one-bedroom and 6 two-bedroom apartments designated for low-income residents. The property has served elderly residents since 1993 and operates under non-profit ownership with funding from tax-exempt bonds and 4% Low-Income Housing Tax Credits. This development provides long-term affordable housing options in Orange County.
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 Randolph House Redevelopment is typically 30% of household income or less.
What size apartments are available at Randolph House Redevelopment?+
Randolph House Redevelopment offers the following unit types: 42 One-Bedroom, 6 Two-Bedroom units, for a total of 48 units.
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. Actual rent at Randolph House Redevelopment may be lower for income-eligible households.
Who is eligible to live at Randolph House Redevelopment?+
Randolph House Redevelopment primarily serves elderly residents. 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 Randolph House Redevelopment?+
Randolph House Redevelopment 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.
Who manages Randolph House Redevelopment?+
Randolph House Redevelopment is managed by . You can reach them at . Visit their website for more information.
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.