Vermont

Tax credit apartments in South Burlington, VT

HUD's database lists 17 properties in South Burlington built or rehabbed with low-income housing tax credits: 709 apartments, 566 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 Listings come from HUD's database and may be out of date.

Allard Square

146 Market Street, South Burlington, VT 05403

HUD lists it as senior housing · 33 1BR, 6 2BR

Apartments
39
Income-restricted
29
Placed in service
2018

Anderson I Allocated

83 Anderson Pkwy, South Burlington, VT 05403

12 2BR

Apartments
12
Income-restricted
12
Placed in service
2001

Anderson II Bond

111 Anderson Pkwy, South Burlington, VT 05403

6 2BR

Apartments
6
Income-restricted
6
Placed in service
2001

Dover Place At City Center

324 Garden Street, South Burlington, VT 05403

6 studio, 13 1BR, 8 2BR, 16 3BR

Apartments
43
Income-restricted
43
Placed in service
2022

Farrell Street Senior Housing

412 Farrell St, South Burlington, VT 05403

HUD lists it as senior housing · 57 1BR, 6 2BR

Apartments
63
Income-restricted
63
Placed in service
2007

Garden Street Apartments

310 Garden Street, South Burlington, VT 05403

26 1BR, 20 2BR, 11 3BR, 3 4BR

Apartments
60
Income-restricted
42
Placed in service
2019

Grand Way Commons II

412 Farrell St, South Burlington, VT 05403

HUD lists it as senior housing · 28 1BR

Apartments
28
Income-restricted
28
Placed in service
2010

Lime Kiln Allocated

378 Lime Kiln Rd, South Burlington, VT 05403

7 1BR, 17 2BR

Apartments
24
Income-restricted
17
Placed in service
2002

Lime Kiln Bond

380 Lime Kiln Rd, South Burlington, VT 05403

7 1BR, 17 2BR

Apartments
24
Income-restricted
21
Placed in service
2002

O'brien Farm Lot 11 (Alloc)

101 & 109 Main St, South Burlington, VT 05403

8 studio, 27 1BR, 12 2BR

Apartments
47
Income-restricted
32
Placed in service
2024

O'dell Allocated

345 Farrell St, South Burlington, VT 05403

12 1BR, 60 2BR, 8 3BR

Apartments
80
Income-restricted
62
Placed in service
2002

O'dell Bond

351 Farrell St, South Burlington, VT 05403

12 1BR, 60 2BR, 8 3BR

Apartments
80
Income-restricted
60
Placed in service
2003

Pines Phase I

7 Aspen Dr, South Burlington, VT 05403

HUD lists it as senior housing

Apartments
53
Income-restricted
53
Placed in service
1995

Pines Phase II

7 Aspen Dr, South Burlington, VT 05403

HUD lists it as senior housing

Apartments
33
Income-restricted
26
Placed in service
1996

Pines Phase III

7 Aspen Dr, South Burlington, VT 05403

HUD lists it as senior housing

Apartments
39
Income-restricted
39
Placed in service
1997

Pines Phase IV

7 Aspen Dr, South Burlington, VT 05403

HUD lists it as senior housing · 37 1BR, 23 2BR

Apartments
60
Income-restricted
17
Placed in service
1998

Queensbury Road Housing

32 Queensbury Rd, South Burlington, VT 05403

15 2BR, 3 3BR

Apartments
18
Income-restricted
16
Placed in service
1995

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.