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. Placed in service in 1993, the property receives 9% Low-Income Housing Tax Credit financing and operates under non-profit ownership.
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 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 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.
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 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 manages Stimson & Graves Building?+
Stimson & Graves Building is managed by . You can reach them at .
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.
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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Stimson & Graves Building
Green Mountain Seminary
Waterbury Center, VT
16 UnitsEvergreen Place Housing
Waitsfield, VT
18 UnitsStimson & Graves Building
Waterbury, VT
14 UnitsGreen Mountain Apts
Northfield, VT
30 UnitsSouth Main Apartments
Waterbury, VT
27 UnitsMad River Meadows
Waitsfield, VT
24 Units