About This Property
Meadowbrook Place comprises 15 low-income housing units in Williamstown, Vermont, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 1992 and is funded through 4% Low-Income Housing Tax Credits. A non-profit organization owns and operates this affordable housing community.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Williamstown, 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 Meadowbrook Place is typically 30% of household income or less.
What size apartments are available at Meadowbrook Place?+
Meadowbrook Place offers the following unit types: 4 One-Bedroom, 9 Two-Bedroom, 2 Three-Bedroom units, for a total of 15 units.
What is the price range for apartments in Williamstown, 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 Meadowbrook Place may be lower for income-eligible households.
Who is eligible to live at Meadowbrook Place?+
Meadowbrook Place primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Meadowbrook Place?+
Meadowbrook Place 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.
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 Meadowbrook Place?+
Meadowbrook Place is managed by . You can reach them at . Visit their website for more information.