Willard Mill is managed by Champlain Housing Trust.
Experience historic living in this multi-unit apartment building inside the old Willard Manufacturing Company building. One, two, and three bedroom options offered, along with onsite laundry.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | From $884 To $956 |
2 Bedroom (2/1) | - | From $977 To $1,123 |
3 Bedroom (3/1) | - | $1,196 |
Last updated on September 25th, 2018
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 Saint Albans but actual income limits may differ for units at Willard Mill.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $39,800 | $45,450 | $51,150 | $56,800 | $61,350 | $65,900 |
Low Income (60%) | $47,760 | $54,540 | $61,380 | $68,160 | $73,620 | $79,080 |
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.