375 North Avenue, Burlington, VT 05401
Waiting List Forecast: Likely Short or None
Verified for 2020 by Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
This property is currently under construction.
Market rate units have been constructed and are available for rent. Affordable units have been planned and are under construction.
Cambrian Rise is a new planned community that incorporates inclusive living spaces and inspiring working environments, anchoring the north end of Burlington's waterfront campus. The first comprehensive development of its kind in Vermont, Cambrian Rise is where sustainable living, community engagement, and business innovation come together as a beacon of possibility for Burlington and beyond.
Current plans include 128 affordable rentals for families and seniors with incomes of less than 65 percent of the Chittenden County median income.
The design of buildings and land improvements preserve natural resources and native vegetation. At Cambrian Rise, neighbors can take advantage of diverse housing opportunities and live-work environments. Fitness facilities, pedestrian friendly streets, biking, hiking, and swimming promote a healthy lifestyle.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Cambrian Rise does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for LIHTC Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 50% AMI for PBRA Units | $39,800 / year | $45,450 / year | $51,150 / year | $56,800 / year | $61,350 / year | $65,900 / year | $70,450 / year | $75,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
| 60% AMI for LIHTC Units | $47,760 / year | $54,540 / year | $61,380 / year | $68,160 / year | $73,620 / year | $79,080 / year | $84,540 / year | $90,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cambrian Rise have a waiting list?
Cambrian Rise probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Cambrian Rise?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Cambrian Rise?
Cambrian Rise is managed by Champlain Housing Trust headquartered in Burlington, Vermont.
In addition to Cambrian Rise, how many other affordable housing properties (and units) are there in Burlington?
In addition to Cambrian Rise, we list 54 other affordable properties in Burlington. Learn about these properties here. Our data research shows that there are a total of 2653 affordable units in Burlington.
Bright St, Burlington, Vermont 05201
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Kara Qualls says:
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