Avenue Apartments

1201 North Avenue, Burlington, 05408

Record last updated:

Map

Features

1 bedroom units: 12
2 bedroom units: 18
3 bedroom units: 3
Year first occupied: 2012

Contacts

Management company: Champlain Housing Trust
Legal owner: Avenue Apartments Housing LP

Funding sources

Low Income Housing Tax Credits: 28 apartments Definition of Low Income Housing Tax Credits
Home Program: 8 apartments Definition of Home Program
Market Rate Units: 5 apartments Definition of Market Rate Units
PBRA units: 5 apartments
Section 8 Project Based Assistance: 5 apartments Definition of Section 8 Project-Based Assistance
VHCB Grant/Loan: 24 apartments Definition of Vermont Housing & Conservation Board Funding

Eligibility

Total units: 33
# of Units set aside for permanent supportive housing for the formerly homeless: 3

Rent

Includes:
5 unit(s) with rental assistance that limits tenant-paid rent to 30% of their income
5 market rate units (i.e. with no statutory limit)