About This Property
The Kazon Building contains 6 low-income units in West Rutland, Vermont, serving families with a mix of 1 studio, 3 one-bedroom, and 2 two-bedroom apartments. Placed in service in 2004, the property is non-profit owned and receives funding through HOME and tax-exempt bonds while utilizing 4% LIHTC credits. This Rutland County property offers affordable housing options for households seeking rental assistance.
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 West Rutland, 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 Kazon Building is typically 30% of household income or less.
What size apartments are available at Kazon Building?+
Kazon Building offers the following unit types: 1 Studio, 3 One-Bedroom, 2 Two-Bedroom units, for a total of 6 units.
How do I apply for housing at Kazon Building?+
Kazon Building 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 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.
What is the price range for apartments in West Rutland, VT?+
Based on Fair Market Rent for Rutland County, the estimated price range is: 1-bedroom: $997, 2-bedroom: $1224. Actual rent at Kazon Building may be lower for income-eligible households.
Who is eligible to live at Kazon Building?+
Kazon Building primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Kazon Building?+
Kazon Building 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.
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