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Alfred Court Apartments

129 Lincoln Ave, Manchester Center, Vermont 05743

Alfred Court offers out of town privacy, generous parking areas, and yet is close to stores, schools and other services. Stove and refrigerator are furnished. Separate laundry and storage facilities are available on premises.

Very low, low, and moderate income limits do apply as set forth by USDA Rural Development Administration and LIHTC program.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based
2 Bedroom (2/1) - Income Based

Alfred Court Apartments Details

  • 17 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Electricity utility included in rent
  • Heat utility included in rent
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Laundry Facility

Unit Amenities

  • Refrigerator
  • Extra Storage
  • Stove

Nearby Amenities

  • Close to Shopping
  • Near Schools

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Manchester Center 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 Manchester Center but actual income limits may differ for units at Alfred Court Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,450 $18,800 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660

Alfred Court Apartments is managed by THM Property Management.

Image of Alfred Court Apartments
Image of Alfred Court Apartments

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