O'Dell Apartments

345, 347, 349 & 351 Farrell Street, South Burlington, 05403

Record last updated:

Map

Features

Accessible/adaptable units: 160
1 bedroom units: 24
2 bedroom units: 120
3 bedroom units: 16
Year first occupied: 2003

Contacts

Management company: Champlain Housing Trust
Legal owner: O'Dell Bond Housing Limited Partnership

Funding sources

Low Income Housing Tax Credits: 132 apartments Definition of Low Income Housing Tax Credits
Home Program: 80 apartments Definition of Home Program
HOPWA: 2 apartments Definition of Housing Opportunities for People with AIDS
Market Rate Units: 28 apartments Definition of Market Rate Units
PBRA units: 23 apartments
Section 8 Project Based Assistance: 23 apartments Definition of Section 8 Project-Based Assistance
VHCB Grant/Loan: 159 apartments Definition of Vermont Housing & Conservation Board Funding
VHFA Financing: 159 apartments Definition of VHFA Financing

Eligibility

Total units: 160

Rent

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