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
The Vermont State Housing Authority manages multi-dwelling apartment complexes and mobile home pads across Vermont. Applications are accepted online through the VSHA website or AffordableHousing.com, or by mail. Eligibility varies by property and program, considering household size and elderly/disabled/handicapped restrictions, with suitability checks including criminal records, credit reports, and references.
Applying does not guarantee a voucher. Final eligibility is determined after selection from the waitlist. The waitlist will close at 4:30pm on January 31, 2025.
Waitlist data provided by section8waitlist.org
Updated July 29, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,800
- Low (80%)
- $46,050
- Extremely Low (30%)
- $19,750
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $22,200
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,100
- Low (80%)
- $65,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,400
- Low (80%)
- $71,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,700
- Low (80%)
- $76,300
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,300
- Low (80%)
- $86,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,800 | $46,050 |
| 2 Persons | $19,750 | $32,900 | $52,600 |
| 3 Persons | $22,200 | $37,000 | $59,200 |
| 4 Persons | $26,500 | $41,100 | $65,750 |
| 5 Persons | $31,040 | $44,400 | $71,050 |
| 6 Persons | $35,580 | $47,700 | $76,300 |
| 7 Persons | $40,120 | $51,000 | $81,550 |
| 8 Persons | $44,660 | $54,300 | $86,800 |
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Tax Credit Program Details
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.
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.
Who manages North Branch Phase I?+
North Branch Phase I is managed by . You can reach them at . Visit their website for more information.
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 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.
Is there a waitlist for North Branch Phase I?+
Public Housing waitlist is currently Open. 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.
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.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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