Saxtons River Family Housing

6 River St, Saxtons River, Vermont 05154

Contact Saxtons River Family Housing

17 family units are spread among town near the historic district of Saxtons River. These affordable apartments offer low rents in a rural setting. Rents include heat and hot water. Rents are based on 30% of monthly income. Income limits do apply.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	-	Income Based
3 Bedroom (3/1)	-	Income Based
4 Bedroom (4/1)	-	Income Based

Eligibility for Saxtons River Family Housing

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 Saxtons River but actual income limits may differ for units at Saxtons River Family Housing.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$19,050	$21,800	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$31,750	$36,300	$40,850	$45,350	$49,000	$52,650	$56,250	$59,900
80%	$50,800	$58,050	$65,300	$72,550	$78,400	$84,200	$90,000	$95,800

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 Saxtons River but actual income limits may differ for units at Saxtons River Family Housing.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$31,750	$36,300	$40,850	$45,350	$49,000	$52,650	$56,250	$59,900
Low Income (60%)	$38,100	$43,560	$49,020	$54,420	$58,800	$63,180	$67,500	$71,880

Saxtons River Family Housing Details

17 two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

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.