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Howard Block

61 The Sq, Bellows Falls, Vermont 05101

The Howard Block offers revitalization to a once depressed and vacant downtown storefront building in Vermont. This building has 13 residential second story units, with first floor commercial space. Enjoy the convenience of downtown living in this building. Affordable rental rates. Income limits do apply.

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Units

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

Howard Block Details

  • 13 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Nearby Amenities

  • Close to Grocery Stores

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.

Bellows Falls Low-Income Housing Tax Credit Income Limits

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 Bellows Falls but actual income limits may differ for units at Howard Block.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,450 $31,350 $35,250 $39,150 $42,300 $45,450 $48,550 $51,700
Low Income (60%) $32,940 $37,620 $42,300 $46,980 $50,760 $54,540 $58,260 $62,040

Howard Block is managed by Stewart Management Company.

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