Thayer Commons is managed by Cathedral Square Corporation.
Three Unique Apartment Buildings
Thayer Commons is three premier residential apartment buildings conveniently located in the center of “Downtown North Avenue” in Burlington, Vermont. It is comprised of The Flats, The School House, and The Lofts. Each building offers its own personality and its own unique features and attributes. All three complexes have a wide range of common amenities that make living here comfortable.
At Thayer Commons you’ll find contemporary interior finishes and generous perks. You will not find a more upscale, service oriented apartment rental in the area. Select from studios, one-bedroom, or two bedroom apartments.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
One Bed One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Burlington but actual income limits may differ for units at Thayer Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $23,900 | $27,300 | $30,700 | $34,100 |
50% | $39,800 | $45,450 | $51,150 | $56,800 |
80% | $63,600 | $72,700 | $81,800 | $90,850 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Burlington but actual income limits may differ for units at Thayer Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $39,800 | $45,450 | $51,150 | $56,800 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.