Olivia Place

463 & 465 Main Street, Lyndon, 05819

Record last updated: 02/09/2021 - 10:46am

Eligibility

Total units: 
20
Limited to disabled tenants: 2
# of Units set aside for permanent supportive housing for the formerly homeless: 
5
Units with no income restrictions: 4

Rent

Range: $650 - $1,150
Estimated monthly cost of tenant paid utilities: 
$40
Includes:
4 market rate units (i.e. with no statutory limit)

Vacancy

1 bedroom vacancies: 8
2 bedroom vacancies: 2
3 bedroom vacancies: 1
Vacant units restricted to disabled tenants: 2
Accessible/adaptable vacant units: 2
Vacant units on ground floor or served by elevator: 4
Monthly rent for vacant units: $650 - $1,150

Features

This property accepts the Vermont Common Rental Application.
Accessible/adaptable units: 2
100% smoke free indoor policy: Yes
On site laundry: Yes
Miles to nearest public transportation: < .5 miles
Parking included in rent: Yes
1 bedroom units: 12
2 bedroom units: 7
3 bedroom units: 1
Amenity comments: Play ground, garden plots, community room, laundry on site, free community Wi-Fi, on site free parking
Year first occupied: 2020

Contact the property manager

Dale Gilman, Property Manager
(802) 535-3555

Contacts

Management company: RuralEdge • Dale Gilman, Property Manager • daleg@ruraledge.org
Legal owner: Olivia Place LP • Executive Director • info@evernorthus.org • Evernorth

Funding sources

Market Rate Units:
4 apartments Definition of Market Rate Units
VHCB Grant/Loan:
20 apartments Definition of Vermont Housing & Conservation Board Funding
VHFA Financing:
16 apartments Definition of VHFA Financing

Act 68 Definition of Act 68

Act 68 Certification expiration year: 2024
Span #: 369-114-11388
Parcel ID: 21-0310
Percentage of Property Tax Reduction: 8%
Download Copy of Certificate: PDF icon Olivia Place.pdf