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Adele Stanley Apartments

5 Cold River Rd, Rutland, Vermont 05701

Spacious grounds and excellent privacy, yet close to all city amenities. All units are fully carpeted with vinyl kitchen and bath flooring. Stove and refrigerator are furnished. Separate laundry facilities on premises. Each ground floor unit has front and back entryways. Two-bedroom units have sliding glass doors to back yard. Rent will be 30% of your monthly adjusted income OR basic rent. Rent includes all utilities except cable TV and telephone.

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Units

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

Property Amenities

  • Playground
  • Laundry Facilities

Unit Amenities

  • Carpet
  • Refrigerator
  • Stove

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.

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.

Rutland 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 Rutland but actual income limits may differ for units at Adele Stanley 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

Adele Stanley Apartments is managed by THM Property Management.

Image of Adele Stanley Apartments
Image of Adele Stanley Apartments
Image of Adele Stanley Apartments
Image of Adele Stanley Apartments

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