Village Apartments is managed by Stewart Property Management.
Walking distance to stores, churches, and downtown, this charming property offers convenient, yet peaceful living. Laundry facility and community room on-site. There is an elevator for the second floor. All utilities are included. Rent is based on 30% of monthly income. Must be at least 62 years of age to qualify. Income limits do apply.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
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 White River Junction but actual income limits may differ for units at Village Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $19,600 | $22,400 | $25,200 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $32,700 | $37,350 | $42,000 | $46,650 | $50,400 | $54,150 | $57,850 | $61,600 |
80% | $52,300 | $59,750 | $67,200 | $74,650 | $80,650 | $86,600 | $92,600 | $98,550 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.