About This Property
Black River Overlook provides 22 apartments in Ludlow, Vermont, with 20 units reserved for low-income families. The property includes thirteen 2-bedroom and nine 3-bedroom units and has been in service since 2015. Funding sources include HOME and CDBG programs, with 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Windsor 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 | $1,039 |
| 1 Bedroom | $1,136 |
| 2 Bedroom | $1,300 |
| 3 Bedroom | $1,725 |
| 4 Bedroom | $1,731 |
Income Limits - Windsor County, VT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,600
- Low (80%)
- $44,150
- Extremely Low (30%)
- $18,950
- Very Low (50%)
- $31,550
- Low (80%)
- $50,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,500
- Low (80%)
- $56,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,400
- Low (80%)
- $63,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,600
- Low (80%)
- $68,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,750
- Low (80%)
- $73,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,900
- Low (80%)
- $78,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,050
- Low (80%)
- $83,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,600 | $44,150 |
| 2 Persons | $18,950 | $31,550 | $50,450 |
| 3 Persons | $21,960 | $35,500 | $56,750 |
| 4 Persons | $26,500 | $39,400 | $63,050 |
| 5 Persons | $31,040 | $42,600 | $68,100 |
| 6 Persons | $35,580 | $45,750 | $73,150 |
| 7 Persons | $40,120 | $48,900 | $78,200 |
| 8 Persons | $44,660 | $52,050 | $83,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ludlow, VT?+
The Fair Market Rent (FMR) for Windsor County, VT is: $1039 (Studio), $1136 (1BR), $1300 (2BR), $1725 (3BR), $1731 (4BR). Actual rent at subsidized properties like Black River Overlook is typically 30% of household income or less.
What size apartments are available at Black River Overlook?+
Black River Overlook offers the following unit types: 13 Two-Bedroom, 9 Three-Bedroom units, for a total of 22 units.
How do I apply for housing at Black River Overlook?+
Black River Overlook 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 Black River Overlook?+
Black River Overlook is managed by . You can reach them at .
Who is eligible to live at Black River Overlook?+
Black River Overlook 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 Ludlow, VT?+
Based on Fair Market Rent for Windsor County, the estimated price range is: 2-bedroom: $1300, 3-bedroom: $1725. Actual rent at Black River Overlook may be lower for income-eligible households.
What are the income limits for affordable housing in Windsor County, VT?+
For a 4-person household in Windsor County, VT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,400, Low Income (80% AMI): $63,050. These limits are set by HUD and updated annually.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.