About This Property
Green Mountain Apts consists of 30 one-bedroom units in Northfield, Vermont, with 29 units designated as low-income housing. The property was placed in service in 2007 and serves elderly residents through a combination of 4% Low Income Housing Tax Credits and tax-exempt bond financing. A non-profit organization owns and operates the community.
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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Northfield, 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 Green Mountain Apts is typically 30% of household income or less.
What size apartments are available at Green Mountain Apts?+
Green Mountain Apts offers the following unit types: 30 One-Bedroom units, for a total of 30 units.
How do I apply for housing at Green Mountain Apts?+
Green Mountain Apts 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 is eligible to live at Green Mountain Apts?+
Green Mountain Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Northfield, VT?+
Based on Fair Market Rent for Washington County, the estimated price range is: 1-bedroom: $1106. Actual rent at Green Mountain Apts may be lower for income-eligible households.
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 Green Mountain Apts?+
Green Mountain Apts 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.
More Affordable Housing Near Green Mountain Apts
Bailey Baldwin Barre
Montpelier, VT
15 UnitsFrench Block
Montpelier, VT
18 UnitsStonewall Farms & Bianchi Building
Montpelier, VT
18 UnitsRiver Station Apts
Montpelier, VT
36 UnitsWinooski River Apartments
Montpelier, VT
15 Units58 Barre Street Senior Housing
Montpelier, VT
14 Units