Affordable Housing In Manchester Center
Bennington County, Vermont

7 Low Income Apartment Communities In Manchester Center

Alfred Court Apartments

129 Lincoln Ave
Manchester Center, VT
Income Based
1-2 BR
Subsidized

Spruce Brook Apartments

29 Spruce Brook Rd
Manchester Center, VT
Income Based
2 BR
Subsidized

Haines Manor Apartments

110 Haines Manor Rd
Manchester Center, VT
Income Based
1-2 BR
Subsidized

The Meadows Apartments

Equinox Terrace Rd
Manchester Center, VT
Income Based
1 BR
62+
Subsidized

The Meadows II

129 Lincoln Ave
Manchester Center, VT
Subsidized

Manchester Fields

33 The Fields
Manchester Center, VT
Subsidized

Homestead Green

129 Lincoln Ave
Manchester Center, VT
Subsidized
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Housing Authorities that serve Manchester Center

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

Guide To Affordable Housing in Manchester Center, Vermont

According to federal housing data and AffordableHousingOnline.com research, there are 7 low income housing apartment communities offering 179 affordable apartments for rent in Manchester Center, Vermont. Manchester Center features 179 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Manchester Center.

Manchester Center, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 179
Total Housing Units with Rental Assistance 179
Percentage of Housing Units Occupied By Renters 39.04%
Average Renter Household Size 2.48
Average Household Size 2.38
Median Household Income $46,667 ±$9,317
Median Rent $935 ±$140
Percentage Of Renters Overburdened 47.68% ± 35.15pp
Total Population 2,238

Population and Household Demographics

Manchester Center is a City in Bennington County, Vermont with a population of 2,238. There are 940 households in the city with an average household size of 2.38 persons. 39.04% of households in Manchester Center are renters.

Income and Rent Overburden in Manchester Center

The median gross income for households in Manchester Center is $46,667 a year, or $3,889 a month. The median rent for the city is $935 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Manchester Center, a household making less than $3,117 a month would be considered overburdened when renting an apartment at or above the median rent. 47.68% of households who rent are overburdened in Manchester Center.1

Area Median Income In Manchester Center

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 Manchester Center, the AMI is calculated from all households within Bennington County.

In Manchester Center, HUD calculates the Area Median Income for a family of four as $67,000

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 Manchester Center

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 Manchester Center HUD Rental Assistance in Manchester Center

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,500 $17,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,800 $29,450 $33,150 $36,800 $39,750 $42,700 $45,650 $48,600
80% of Median $41,250 $47,150 $53,050 $58,900 $63,650 $68,350 $73,050 $77,750

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 Manchester Center

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,800 $29,450 $33,150 $36,800 $39,750 $42,700 $45,650 $48,600
60% of Median $30,960 $35,340 $39,780 $44,160 $47,700 $51,240 $54,780 $58,320

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 Manchester Center is $39,780 a year, or $3,315 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,315 by 30% to get a maximum rent of $995 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% $645 $691 $829 $957 $1,068 $1,178
60% $774 $829 $995 $1,148 $1,281 $1,414
Fair Market Rents in Manchester Center

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
$753 $821 $935 $1,262 $1,267