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Affordable Housing Option at Highgate Apartments in Barre, VT Introduction: Highgate Apartments in Barre, VT offers affordable housing options for individuals seeking a comfortable and budget-friendly living space. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments come with applicable rent and income restrictions, ensuring accessibility for low-income individuals. Affordable Rent Based on Area Median Income: The LIHTC program provides incentives to builders and developers, encouraging them to create affordable housing options for individuals with low incomes. The maximum rent charged for these apartments is determined based on the Area Median Income (AMI). However, it's important to note that the AMI may render this apartment unaffordable for some low-income individuals. Therefore, we recommend checking the current rental rates to determine if it fits within your budget. Variety of Apartments Available: Highgate Apartments offer a total of 74 one, two, and three bedroom apartments designed with the needs of low-income individuals in mind. Due to the high demand for affordable housing, it is common for these apartments to have waiting lists. However, we provide their contact information so you may directly inquire about your eligibility and potential availability. Acceptance of HUD Subsidies: These apartments also accept Housing and Urban Development (HUD) subsidies, further enhancing affordability for qualified individuals. If you meet the criteria for low-income housing and there are available apartments, your rent will be calculated as 30% of your Adjusted Gross Income. Please contact Highgate Apartments for more details on the application process. Apartment Options: - 1 Bedroom Apartments at Highgate Apartments, Barre, VT - 2 Bedroom Apartments at Highgate Apartments, Barre, VT - 3 Bedroom Apartments at Highgate Apartments, Barre, VT Conclusion: Consider Highgate Apartments in Barre, VT as your affordable housing option. With the LIHTC program and acceptance of HUD subsidies, these apartments aim to provide comfortable living spaces for individuals with low incomes. Contact Highgate Apartments directly for more information on availability and qualification requirements.
73 Highgate Dr., Barre, VT 05641
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