Lane Shops Apartments

14 N Franklin St, Montpelier, Vermont 05602

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Eligibility for Lane Shops Apartments

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 Montpelier but actual income limits may differ for units at Lane Shops Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,350 $23,250 $26,150 $30,000 $35,140 $40,280 $45,420 $50,560
50% $33,900 $38,750 $43,600 $48,400 $52,300 $56,150 $60,050 $63,900
80% $54,200 $61,950 $69,700 $77,400 $83,600 $89,800 $96,000 $102,200

Lane Shops Apartments Details

  • 50 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
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.

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