Elm Place Apartments

60 Bombardier Rd, Milton, Vermont 05468

Contact Elm Place Apartments

Elm Place, located in the heart of Milton, opened in March 2017 and features 30 affordable, 1 bedroom apartments for seniors. Two apartments are fully ADA accessible, and all apartments are adaptable.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based

Eligibility for Elm Place Apartments

Elm Place Apartments Details

30 one bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Heat utility included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

24hr Emergency Maintenance
Covered Parking
On-Site Parking
Secured Entry
Walking Trails
Smoke Free

Unit Amenities

Central Air
Water Trash and Sewer Included

Nearby Amenities

Close to Shopping
Near Church

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

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.