Lane Shops

1 Mechanic Street and 14 North Franklin Street, Montpelier, 05602

Record last updated:

Map

Features

Accessible/adaptable units: 5
Zero bedroom units: 4
1 bedroom units: 41
2 bedroom units: 5
Year first occupied: 1979

Contacts

Management company: Montpelier Housing Authority
Legal owner: Steele Heritage & Lane LLC

Funding sources

Low Income Housing Tax Credits: 50 apartments Definition of Low Income Housing Tax Credits
New Construction/Substantial Rehab: 50 apartments Definition of New Construction/Substantial Rehab
PBRA units: 50 apartments

Eligibility

Total units: 50
Age-restricted units (but also accepts younger people with disabilities): 50

Rent

Includes:
50 unit(s) with rental assistance that limits tenant-paid rent to 30% of their income