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Peterson Place Apartments
97A King St, Burlington, Vermont 05401
Peterson Place Apartments Details
- 13 bedroom units.
- Section 8 Project-Based Rental Assistance
Section 8 Project-Based Rental Assistance
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
Burlington HUD Rental Assistance Income Qualifications
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 Burlington but actual income limits may differ for units at Peterson Place Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $19,250 | $22,000 | $24,750 | $27,500 | $30,680 | $35,160 | $39,640 | $44,120 |
| 50% | $32,100 | $36,700 | $41,300 | $45,850 | $49,550 | $53,200 | $56,900 | $60,550 |
| 80% | $51,350 | $58,700 | $66,050 | $73,350 | $79,250 | $85,100 | $91,000 | $96,850 |
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