Affordable Housing Online - Logo
Image of Olivia Place
Image of Olivia Place

Olivia Place

463 & 465 Main St, Lyndon, VT 05851

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents† 1 - 3 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

This project has been funded and will begin construction soon.

Type: Multi-Family Housing
Total Number of Units: 20
Bedrooms: 1, 2 and 3
Rent: Income-Based and Flat Amount
Community Space: Yes
Services Provided:
Support and Services at Home (SASH) for senior and those with disabilities
Community Building & Engagement
Community Garden
Playground
Public Grill and Picnic Table

Dave's Thoughts On Olivia Place

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 Olivia Place 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Olivia Place Amenities

  • Playground
  • Community Room
  • Grilling Area
  • On-Site Social Services
  • Community Garden
  • Picnic Area

Units at Olivia Place

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price†
Two Bedroom (2/1) - Call for Price†
Three Bedroom (3/1) - Call for Price†

Income Qualification for Olivia Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for LIHTC Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
50% AMI for PBRA Units $31,750 / year $36,300 / year $40,850 / year $45,350 / year $49,000 / year $52,650 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year
60% AMI for LIHTC Units $38,100 / year $43,560 / year $49,020 / year $54,420 / year $58,800 / year $63,180 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Olivia Place

Does Olivia Place have a waiting list?

Olivia Place 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 Olivia Place?

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 Olivia Place?

Olivia Place is managed by RuralEdge Housing & Community Development headquartered in Lyndonville, Vermont.

In addition to Olivia Place, how many other affordable housing properties (and units) are there in Caledonia County?

In addition to Olivia Place, we list 37 other affordable properties in Caledonia County. Learn about these properties here. Our data research shows that there are a total of 634 affordable units in Caledonia County.

When was the Olivia Place listing last updated?

Olivia Place listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Olivia Place

† Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening