The Pointe on Vermont community offers 50-units of affordable housing with 25 units of permanent supportive housing (PSH) for individuals experiencing homelessness or transitioning from homelessness. The remaining apartment units are designated for individuals and families below 60% of the area median income.
This services-enriched community is a local solution to a local issue, with an emphasis on housing homeless individuals from the area. On-site supportive services and property staff is on hand to support residents. Green building methods were utilized during the development process, and the ground floor has a meeting space and music center/recording studio for community programs.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 401 | From $1,183 |
One Bedroom (1/1) | 582 | From $1,267 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.