About This Property
Neshobe House comprises 25 one-bedroom units designated for low-income families in Brandon, Vermont. The property has been in service since 1994 and operates as a non-profit owned community financed through 4% Low-Income Housing Tax Credits. All 25 units serve as permanent affordable housing.
Property Details
Fair Market Rent - Rutland 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 | $991 |
| 1 Bedroom | $997 |
| 2 Bedroom | $1,224 |
| 3 Bedroom | $1,561 |
| 4 Bedroom | $2,004 |
Income Limits - Rutland 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 Brandon, VT?+
The Fair Market Rent (FMR) for Rutland County, VT is: $991 (Studio), $997 (1BR), $1224 (2BR), $1561 (3BR), $2004 (4BR). Actual rent at subsidized properties like Neshobe House is typically 30% of household income or less.
What size apartments are available at Neshobe House?+
Neshobe House offers the following unit types: 25 One-Bedroom units, for a total of 25 units.
How do I apply for housing at Neshobe House?+
Neshobe House 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 Brandon, VT?+
Based on Fair Market Rent for Rutland County, the estimated price range is: 1-bedroom: $997. Actual rent at Neshobe House may be lower for income-eligible households.
Who is eligible to live at Neshobe House?+
Neshobe House primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Rutland County, VT?+
For a 4-person household in Rutland 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 manages Neshobe House?+
Neshobe House is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.