About This Property
Peacham Academy comprises four one-bedroom units designated for low-income elderly residents in Peacham, Vermont. The property has been in service since 1994 and is owned by a non-profit organization. All four units serve the local elderly population.
Property Details
Fair Market Rent - Caledonia 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 | $899 |
| 1 Bedroom | $922 |
| 2 Bedroom | $1,068 |
| 3 Bedroom | $1,390 |
| 4 Bedroom | $1,657 |
Income Limits - Caledonia 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Peacham, VT?+
The Fair Market Rent (FMR) for Caledonia County, VT is: $899 (Studio), $922 (1BR), $1068 (2BR), $1390 (3BR), $1657 (4BR). Actual rent at subsidized properties like Peacham Academy is typically 30% of household income or less.
What size apartments are available at Peacham Academy?+
Peacham Academy offers the following unit types: 4 One-Bedroom units, for a total of 4 units.
What are the income limits for affordable housing in Caledonia County, VT?+
For a 4-person household in Caledonia 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.
What is the price range for apartments in Peacham, VT?+
Based on Fair Market Rent for Caledonia County, the estimated price range is: 1-bedroom: $922. Actual rent at Peacham Academy may be lower for income-eligible households.
Who is eligible to live at Peacham Academy?+
Peacham Academy primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Peacham Academy?+
Peacham Academy is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Peacham Academy?+
Peacham Academy 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.