The Old Talcott Mill Apartments is managed by DeMarco Management Corporation.
The former Talcott Brothers Woolen Mill is the centerpiece of the Talcottville Historic District, a well preserved manufacturing village that is listed on the National Register of Historic Places. After a fire destroyed an earlier cotton spinning factory on the site, the Talcott Brothers built a wool textile mill in 1870. This project is transforming the property into market-rate family housing, while restoring key components such as the mill’s bell tower and smoke stack.
The Talcott Brothers' Mill Building at 47 Main Street in Vernon, Connecticut is located within the Talcottville Historic District in Vernon, Connecticut. Talcottville is an exceptionally well-preserved example of a nineteenth century factory village. The Mill is strategically located between Main Street which runs to it's south and Route 83 which runs to its north. Interstate I-84 also runs parallel to the north of Route 83.
The rehabilitation of Talcott Brothers' Mill involves the conversion of a blighted vacant industrial Mill to a vibrant mixed use building offering residential apartments and commercial offices.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Efficiency (Studio/1) | - | From $886 |
One Bedroom One Bath (1/1) | - | From $940 |
Two Bedroom One Bath (2/1) | - | From $1,122 |
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.