Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

North Branch Phase I

87 Elm St Apt 5, Montpelier, VT, 5602

Information verified April 18, 2026·We re-check waiting list status daily

Default photo for North Branch Phase I
Example Photo
Share

About This Property

North Branch Phase I is a 23-unit affordable housing community in Montpelier, Vermont that has served low-income families since 1993. The property contains a mix of studio, one-bedroom, two-bedroom, and three-bedroom units and is funded through 9% Low-Income Housing Tax Credits. The non-profit owned development continues to provide housing options across a range of unit sizes for families in Washington County.

Waitlist Information

Waitlist managed by Vermont State Housing Authority

Public Housing Waitlist
Closed

No current information found specific to Vermont State Housing Authority (VT901).

Last verified March 1, 2026
Section 8 (HCV) Waitlist
Closed
Closed January 31, 2025
Apply: Multiple

Applying does not guarantee a voucher. Final eligibility is determined after selection from the waitlist. VSHA will not disclose an applicant's number on the waiting list.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
23
Studio
7
1 Bedroom
8
2 Bedroom
4
3 Bedroom
4

Fair Market Rent - Washington County, VT

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$985
1 Bedroom$1,106
2 Bedroom$1,453
3 Bedroom$1,832
4 Bedroom$1,975

Income Limits - Washington County, VT

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$17,300
Very Low (50%)
$28,800
Low (80%)
$46,050
2 Persons
Extremely Low (30%)
$19,750
Very Low (50%)
$32,900
Low (80%)
$52,600
3 Persons
Extremely Low (30%)
$22,200
Very Low (50%)
$37,000
Low (80%)
$59,200
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$41,100
Low (80%)
$65,750
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$44,400
Low (80%)
$71,050
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$47,700
Low (80%)
$76,300
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$51,000
Low (80%)
$81,550
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$54,300
Low (80%)
$86,800

Tax Credit Program Details

Year Placed in Service
1993
LIHTC Credit Type
9%
Low-Income Units
23 / 23
Target Population
Families
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Montpelier, VT?+

The Fair Market Rent (FMR) for Washington County, VT is: $985 (Studio), $1106 (1BR), $1453 (2BR), $1832 (3BR), $1975 (4BR). Actual rent at subsidized properties like North Branch Phase I is typically 30% of household income or less.

What size apartments are available at North Branch Phase I?+

North Branch Phase I offers the following unit types: 7 Studio, 8 One-Bedroom, 4 Two-Bedroom, 4 Three-Bedroom units, for a total of 23 units.

Is there a waitlist for North Branch Phase I?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who is eligible to live at North Branch Phase I?+

North Branch Phase I 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 Washington County, VT?+

For a 4-person household in Washington County, VT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,100, Low Income (80% AMI): $65,750. These limits are set by HUD and updated annually.

Who manages North Branch Phase I?+

North Branch Phase I is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at North Branch Phase I?+

North Branch Phase I 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 Montpelier, VT?+

Based on Fair Market Rent for Washington County, the estimated price range is: 1-bedroom: $1106, 2-bedroom: $1453, 3-bedroom: $1832. Actual rent at North Branch Phase I may be lower for income-eligible households.

Begin Application Now

Walk Score

Walker's Paradise

91
Walk
65
Bike

Nearby Schools

5,6,7,8
PK,KG,1,2,3,4
9,10,11,12,AE
7,8,9,10,11,12,AE
PK,KG,1,2,3,4,5,6

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Washington County, VT

View on Google Maps