About This Property
Vernon Senior Housing comprises 24 units serving elderly residents in Vernon, VT, including 18 low-income units funded through HOME grants and tax-exempt bonds. The property features 16 one-bedroom and 8 two-bedroom apartments and has been in service since 2006. This development utilizes 4% Low-Income Housing Tax Credits to support affordable rental housing in Windham County.
Property Details
Fair Market Rent - Windham 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 | $976 |
| 1 Bedroom | $1,091 |
| 2 Bedroom | $1,340 |
| 3 Bedroom | $1,655 |
| 4 Bedroom | $1,785 |
Income Limits - Windham County, VT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,450
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,350
- Low (80%)
- $50,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,300
- Low (80%)
- $67,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,550
- Low (80%)
- $77,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,450 | $27,450 | $43,900 |
| 2 Persons | $18,800 | $31,350 | $50,150 |
| 3 Persons | $21,960 | $35,250 | $56,400 |
| 4 Persons | $26,500 | $39,150 | $62,650 |
| 5 Persons | $31,040 | $42,300 | $67,700 |
| 6 Persons | $35,580 | $45,450 | $72,700 |
| 7 Persons | $40,120 | $48,550 | $77,700 |
| 8 Persons | $44,660 | $51,700 | $82,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Vernon, VT?+
The Fair Market Rent (FMR) for Windham County, VT is: $976 (Studio), $1091 (1BR), $1340 (2BR), $1655 (3BR), $1785 (4BR). Actual rent at subsidized properties like Vernon Senior Housing is typically 30% of household income or less.
What size apartments are available at Vernon Senior Housing?+
Vernon Senior Housing offers the following unit types: 16 One-Bedroom, 8 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Windham County, VT?+
For a 4-person household in Windham County, VT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,150, Low Income (80% AMI): $62,650. These limits are set by HUD and updated annually.
Who manages Vernon Senior Housing?+
Vernon Senior Housing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Vernon Senior Housing?+
Vernon Senior Housing 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 Vernon Senior Housing?+
Vernon Senior Housing 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 Vernon, VT?+
Based on Fair Market Rent for Windham County, the estimated price range is: 1-bedroom: $1091, 2-bedroom: $1340. Actual rent at Vernon Senior Housing may be lower for income-eligible households.
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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