Taylor Street Apartments

61 Taylor St, Montpelier, 05602

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Record last updated: 08/01/2022 - 8:58am

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Eligibility

Total units: 
30
# of Units set aside for permanent supportive housing for the formerly homeless: 
0
Units with no income restrictions: 7

Rent

Range: $685 - $1,250
Estimated security deposit: 
$0
Includes:
7 market rate units (i.e. with no statutory limit)
Maximum rent guidelines*
0 bedroom apts: $685
1 bedroom apts: $825
2 bedroom apts: $925
3 bedroom apts: $0
4 bedroom apts: $0
*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: No
Estimated wait in months until a unit becomes available: Leasing begins in September 2019 for Taylor Street

Features

This property accepts the Vermont Common Rental Application.
Accessible/adaptable units: 2
Elevator in building: Yes
100% smoke free indoor policy: Yes
Cats allowed: Yes
Dogs allowed: Yes
On site laundry: Yes
Miles to nearest public transportation: < .5 miles
Parking included in rent: Yes
Zero bedroom units: 6
1 bedroom units: 18
2 bedroom units: 6
Amenity comments: Public bus hub for the downtown area directly below apartments
Year first occupied: 2019

Contact the property manager

Contacts

Legal owner: Downstreet Housing & Community Development and Housing Vermont • Executive Director • aharbin@downstreet.org • Downstreet Housing and Community Development
General partner (development/management): Evernorth • Nancy Owens

Funding sources

Low Income Housing Tax Credits:
19 apartments Definition of Low Income Housing Tax Credits
Home Program:
5 apartments Definition of Home Program
Market Rate Units:
7 apartments Definition of Market Rate Units
VHCB Grant/Loan:
30 apartments Definition of Vermont Housing & Conservation Board Funding
VHFA Financing:
19 apartments Definition of VHFA Financing

Act 68 Definition of Act 68

Act 68 Certification Status: Certified
Act 68 Certification expiration year: 2024
Span #: 405-126-14303
Parcel ID: 154.001001
Percentage of Property Tax Reduction: 7.67%
Download Copy of Certificate: PDF icon 61Taylor Street.pdf