About This Property
Colonial Village comprises 21 low-income rental units in Bradford, Vermont, serving families and elderly residents. The property includes 11 one-bedroom, 7 two-bedroom, and 3 three-bedroom apartments and has been in service since 2017. Funding sources include HOME and CDBG programs, with the property operating under 4% LIHTC credit and non-profit ownership.
Property Details
Fair Market Rent - Orange 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 | $1,003 |
| 2 Bedroom | $1,244 |
| 3 Bedroom | $1,601 |
| 4 Bedroom | $1,671 |
Income Limits - Orange 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bradford, VT?+
The Fair Market Rent (FMR) for Orange County, VT is: $976 (Studio), $1003 (1BR), $1244 (2BR), $1601 (3BR), $1671 (4BR). Actual rent at subsidized properties like Colonial Village is typically 30% of household income or less.
What size apartments are available at Colonial Village?+
Colonial Village offers the following unit types: 11 One-Bedroom, 7 Two-Bedroom, 3 Three-Bedroom units, for a total of 21 units.
What is the price range for apartments in Bradford, VT?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $1003, 2-bedroom: $1244, 3-bedroom: $1601. Actual rent at Colonial Village may be lower for income-eligible households.
Who is eligible to live at Colonial Village?+
Colonial Village primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Orange County, VT?+
For a 4-person household in Orange 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 Colonial Village?+
Colonial Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Colonial Village?+
Colonial Village 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.
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 Colonial Village
Baldwin Block
Wells River, VT
7 UnitsOpera Block
Woodsville, NH
34 UnitsWells River Downtown
Wells River, VT
22 UnitsWaits River Housing
Bradford, VT
29 UnitsBradford Village Apts
Bradford, VT
21 UnitsWoodsville Maple-Walnut
Woodsville, NH
13 Units