About This Property
The Stimson & Graves Building contains 14 low-income units in Waterbury, Vermont, serving families with a mix of 12 one-bedroom and 2 two-bedroom apartments. The property has been in service since 1993 and is financed through 9% Low-Income Housing Tax Credits. This non-profit-owned building provides affordable housing options for families in Washington County.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waterbury, 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 Stimson & Graves Building is typically 30% of household income or less.
What size apartments are available at Stimson & Graves Building?+
Stimson & Graves Building offers the following unit types: 12 One-Bedroom, 2 Two-Bedroom units, for a total of 14 units.
What is the price range for apartments in Waterbury, VT?+
Based on Fair Market Rent for Washington County, the estimated price range is: 1-bedroom: $1106, 2-bedroom: $1453. Actual rent at Stimson & Graves Building may be lower for income-eligible households.
How do I apply for housing at Stimson & Graves Building?+
Stimson & Graves 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 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 Stimson & Graves Building?+
Stimson & Graves Building primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Stimson & Graves Building?+
Stimson & Graves Building is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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