Lakeview Housing

16 Governor Dr, Newport, Vermont 05855

Contact Lakeview Housing

Message Lakeview Housing

Lakeview Housing is managed by RuralEdge Housing & Community Development .

Type: Multi-Family Housing
Total Number of Units: 16
Bedrooms: 1, 2, 3 and Studio
Rent: Income-Based
Community Space: No
Services Provided:
Support and Services at Home (SASH) for senior and those with disabilities

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Eligibility for Lakeview Housing

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 Newport but actual income limits may differ for units at Lakeview Housing.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $31,750 $36,300 $40,850 $45,350 $49,000 $52,650
Low Income (60%) $38,100 $43,560 $49,020 $54,420 $58,800 $63,180

Lakeview Housing Details

  • 16 studio, one, two and three bedroom units.
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • On-Site Social Services
Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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