Lime Kiln Allocated

378 Lime Kiln Rd, South Burlington, Vermont 05403

Eligibility for Lime Kiln Allocated

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 South Burlington but actual income limits may differ for units at Lime Kiln Allocated.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000
Low Income (60%) $47,760 $54,540 $61,380 $68,160 $73,620 $79,080 $84,540 $90,000

Lime Kiln Allocated Details

  • 24 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
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.

Nearby Low Income Apartment Communities like Lime Kiln Allocated

Allard Square

146 Market St
South Burlington, Vermont
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
Income Based
1-2 BR

Country Park Apartments

635 Hinesburg Rd
South Burlington, Vermont
Subsidized
PBRA

Odell Allocated

345 Farrell St
South Burlington, Vermont
Rent Assisted
LIHTC

Grand Way Commons

412 Farrell Street
South Burlington, Vermont
Subsidized
Rent Assisted
Senior
S. 202
LIHTC