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South Main Apartments

36 State Dr, Waterbury, Vermont 05676

Historic Ladd Hall has been completely renovated and expanded to create South Main Apartments. Rent includes heat, hot water, trash, and snow removal. This community offers 1, 2, and 3 bedroom apartments.

 

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - From $640 To $800
2 Bedroom (2/1) - From $760 To $900
3 Bedroom (3/1) - From $875 To $1,050

South Main Apartments Details

  • 27 one, two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Snow Removal

Unit Amenities

  • Trash Included
  • 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.

South Main Apartments is managed by Downstreet Housing & Community Development.

Image of South Main Apartments