Red Lion Inn

9 Pleasant St, Randolph, Vermont 05060

Located in downtown Randolph, this former inn now contains 20 large 1 bedroom apartments. There is a laundry room on-site. Nearby parking is available. All utilities are included. Rent is based on 30% of monthly income. Must be at least 62 years of age to qualify. Income limits do apply.

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Units

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

Red Lion Inn Details

  • 20 one bedroom units.
  • Section 202 Supportive Housing for the Elderly

Property Amenities

  • Open Parking
  • On-Site Laundry

Unit Amenities

  • Utilities Included

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Randolph 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 Randolph but actual income limits may differ for units at Red Lion Inn.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,000 $20,600 $23,150 $27,750 $32,470 $37,190 $41,910 $46,630
50% $30,000 $34,300 $38,600 $42,850 $46,300 $49,750 $53,150 $56,600
80% $48,000 $54,850 $61,700 $68,550 $74,050 $79,550 $85,050 $90,500

Red Lion Inn is managed by Stewart Property Management.

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