About This Property
Graystone Village Redevelopment offers 34 low-income units in White River Junction, Vermont, serving elderly residents. The property includes 31 one-bedroom and three two-bedroom units and has been in service since 2012. The development is non-profit owned and financed through HOME funds, tax-exempt bonds, and FHA financing with 4% LIHTC credits.
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 White River Junction, 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 Graystone Village Redevelopment is typically 30% of household income or less.
What size apartments are available at Graystone Village Redevelopment?+
Graystone Village Redevelopment offers the following unit types: 31 One-Bedroom, 3 Two-Bedroom units, for a total of 34 units.
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.
What is the price range for apartments in White River Junction, VT?+
Based on Fair Market Rent for Windsor County, the estimated price range is: 1-bedroom: $1136, 2-bedroom: $1300. Actual rent at Graystone Village Redevelopment may be lower for income-eligible households.
How do I apply for housing at Graystone Village Redevelopment?+
Graystone Village Redevelopment 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 Graystone Village Redevelopment?+
Graystone Village Redevelopment primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Graystone Village Redevelopment?+
Graystone Village Redevelopment 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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