Hedding Drive

3 Hedding Dr, Randolph, Vermont 05060

Located close to town, this property is divided between two buildings, each with two floors. There is a playground in the center of the courtyard. Parking is available for everyone. There is a laundry facility on-site. Small storage lockers are available. Rents include heat and hot water. Affordable rental rates. Income limits do apply.

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

Hedding Drive Details

  • 16 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Courtyard
  • Free Parking
  • On-Site Laundry

Unit Amenities

  • Storage
  • Heat and Hot Water Included

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.

Randolph Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Randolph but actual income limits may differ for units at Hedding Drive.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $30,000 $34,300 $38,600 $42,850 $46,300 $49,750 $53,150 $56,600
Low Income (60%) $36,000 $41,160 $46,320 $51,420 $55,560 $59,700 $63,780 $67,920

Hedding Drive is managed by Stewart Property Management.

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