Vermont

Tax credit apartments in Rutland, VT

HUD's database lists 15 properties in Rutland built or rehabbed with low-income housing tax credits: 339 apartments, 290 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

64 School Street

64 School St, Rutland, VT 05701

2 1BR, 2 2BR, 6 3BR

Apartments
10
Income-restricted
10
Placed in service
2004

Columbian Avenue

194 Columbian Ave, Rutland, VT 05701

1 studio, 1 1BR, 3 2BR, 2 3BR, 2 4BR

Apartments
9
Income-restricted
9
Placed in service
2001

Forest Park Phase I

12 Hickory St, Rutland, VT 05701

6 1BR, 14 2BR, 11 3BR, 2 4BR

Apartments
33
Income-restricted
26
Placed in service
2011

Hickory Street - Phase III

Hickory St + Juneberry Lane, Rutland, VT 05701

10 1BR, 10 2BR, 2 3BR

Apartments
22
Income-restricted
21
Placed in service
2017

Hickory Street Phase II

13 Hickory St, Rutland, VT 05701

9 1BR, 14 2BR

Apartments
23
Income-restricted
18
Placed in service
2013

Lincoln Place

10 Lincoln Avenue, Rutland, VT 05701

12 studio, 8 1BR

Apartments
19
Income-restricted
19
Placed in service
2021

Linden Terrace

160 Holly St, Rutland, VT 05701

HUD lists it as senior housing · 18 1BR, 4 2BR

Apartments
22
Income-restricted
20
Placed in service
2007

Mahoney Grove

101 Mahoney Ave, Rutland, VT 05701

6 1BR, 10 2BR, 6 3BR

Apartments
22
Income-restricted
22
Placed in service
2024

Maples I

207 Stratton Rd, Rutland, VT 05701

HUD lists it as senior housing · 42 1BR, 9 2BR

Apartments
51
Income-restricted
36
Placed in service
1999

Maples II

207 Stratton Rd, Rutland, VT 05701

HUD lists it as senior housing · 26 1BR, 6 2BR

Apartments
32
Income-restricted
14
Placed in service
2002

Rutland Afs Scattered Sites

44 Allen St, Rutland, VT 05701

1 1BR, 10 2BR, 2 3BR

Apartments
13
Income-restricted
13
Placed in service
2007

Rutland Rehab II

52 Williams St, Rutland, VT 05701

HUD lists it as senior housing · 6 1BR, 24 2BR, 1 3BR

Apartments
31
Income-restricted
31
Placed in service
2001

Rutland Scattered III

42 Pine St, Rutland, VT 05701

5 1BR, 12 2BR, 8 3BR

Apartments
25
Income-restricted
24
Placed in service
2009

Tuttle Block

9 Ctr St, Rutland, VT 05701

1 studio, 10 1BR, 2 2BR

Apartments
13
Income-restricted
13
Placed in service
2005

Watkins School And Carriage House Apartments

26 Watkins Avenue, Rutland, VT 05701

HUD lists it as senior housing · 14 1BR

Apartments
14
Income-restricted
14
Placed in service
2015

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.