Richmond Terrace

190-222 Thompson Road, Richmond, 05477

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Record last updated: 09/22/2021 - 4:50am

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Eligibility

Total units: 
16
Age-restricted units (but also accepts younger people with disabilities): 15
# of Units set aside for permanent supportive housing for the formerly homeless: 
0
Units with no income restrictions: 1

Rent

Includes:
15 unit(s) with rental assistance that limits tenant-paid rent to 30% of their income
1 market rate units (i.e. with no statutory limit)
Maximum rent guidelines*
0 bedroom apts: $721
1 bedroom apts: $773
*Maximum tenant-paid + rental assistance. Contact manager to confirm.

Vacancy

No reported vacancies. Contact the manager if you are interested in this property. They may be able to tell you if they expect vacancies soon or if the waiting list is open.

Waitlist open: Yes

Features

This property accepts the Vermont Common Rental Application.
Accessible/adaptable units: 3
Elevator in building: No
100% smoke free indoor policy: Yes
Cats allowed: Yes
Dogs allowed: Yes
On site laundry: Yes
Parking included in rent: Yes
Zero bedroom units: 3
1 bedroom units: 13
Year first occupied: 1985

Contact the property manager

Contacts

Management company: Cathedral Square Corporation • Kathrynn Titus • titus@cathedralsquare.org
Legal owner: Richmond Terrace LP • Executive Director • info@cathedralsquare.org • Cathedral Square Corporation

Funding sources

Low Income Housing Tax Credits:
14 apartments Definition of Low Income Housing Tax Credits
FHLB's Affordable Housing Program:
15 apartments Definition of FHLB's Affordable Housing Program
Market Rate Units:
1 apartments Definition of Market Rate Units
PBRA units:
15 apartments
Section 202 Housing for Elderly:
15 apartments Definition of Section 202 Housing for Elderly
Section 8 Project Based Assistance:
15 apartments Definition of Section 8 Project-Based Assistance
VHCB Grant/Loan:
15 apartments Definition of Vermont Housing & Conservation Board Funding
VHFA Financing:
16 apartments Definition of VHFA Financing

Act 68 Definition of Act 68

Act 68 Certification Status: Certified
Act 68 Certification expiration year: 2024
Span #: 519-163-11287
Parcel ID: TR0200
Percentage of Property Tax Reduction: 9.38%
Download Copy of Certificate: PDF icon Richmond Terrace.pdf