Richmond Terrace

190-222 Thompson Road, Richmond, 05477

Record last updated:

Map

Features

Accessible/adaptable units: 3
Zero bedroom units: 3
1 bedroom units: 13
Year first occupied: 1985

Contacts

Management company: Cathedral Square Corporation
Legal owner: Richmond Terrace LP

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

Eligibility

Total units: 16
# of Units set aside for permanent supportive housing for the formerly homeless: 0
Age-restricted units (but also accepts younger people with disabilities): 15

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)