Affordable Housing In Hinesburg
Chittenden County, Vermont

2 Low Income Apartment Communities In Hinesburg

Green Street Apartments

166 Green St
Hinesburg, VT
HCV Welcome

Kelleys Field

87 Kelleys Field Rd
Hinesburg, VT
Subsidized
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Housing Authorities that serve Hinesburg

Housing Authority Programs
Vermont State Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Hinesburg, Vermont

According to federal housing data and AffordableHousingOnline.com research, there are 2 low income housing apartment communities offering 48 affordable apartments for rent in Hinesburg, Vermont. Hinesburg features 24 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 24 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Hinesburg.

Hinesburg, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 48
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Hinesburg is a City in Chittenden County, Vermont with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Hinesburg are renters.

Income and Rent Overburden in Hinesburg

The median gross income for households in Hinesburg is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Hinesburg

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hinesburg, the AMI is calculated from all households within Chittenden County.

In Hinesburg, HUD calculates the Area Median Income for a family of four as $91,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Hinesburg

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Hinesburg HUD Rental Assistance in Hinesburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,250 $22,000 $24,750 $27,500 $30,170 $34,590 $39,010 $43,430
50% of Median $32,100 $36,650 $41,250 $45,800 $49,500 $53,150 $56,800 $60,500
80% of Median $51,350 $58,650 $66,000 $73,300 $79,200 $85,050 $90,900 $96,800

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Hinesburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $32,100 $36,650 $41,250 $45,800 $49,500 $53,150 $56,800 $60,500
60% of Median $38,520 $43,980 $49,500 $54,960 $59,400 $63,780 $68,160 $72,600

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Hinesburg is $49,500 a year, or $4,125 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,125 by 30% to get a maximum rent of $1,238 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $803 $859 $1,031 $1,191 $1,329 $1,466
60% $963 $1,031 $1,238 $1,430 $1,595 $1,760
Fair Market Rents in Hinesburg

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,030 $1,223 $1,573 $1,974 $2,131