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Vermont gains housing credit qualified census tracts for 2013

Posted by: Leslie Black-Plumeau on May 2, 2012 - 11:01am

Next year, Vermont will gain eight qualified census tracts for the purposes of the Low-Income Housing Tax Credit program.   Buildings located in qualified census tracts receive increased funding through the housing credit program because the “eligible basis” can be increased by 130 percent. 

Qualified census tracts have at least 50 percent of households with incomes less than 60 percent of the area median income or have poverty rates of at least 25 percent. 

HUD is making the new designations on the basis of new data from the 2010 Decennial Census and the 2006-2010 American Community Survey.  

Read more on HUD's web site.

Qualified census tracts in 2013

County Census Tract
Addison 9608
Bennington 9709
Chittenden *3
Chittenden *4
Chittenden *5
Chittenden *6
Chittenden *10
Chittenden 39
Franklin 107
Lamoille 9532
Orleans 9515
Rutland *9631
Washington 9551
Windsor 9653

*Also a qualified census tract in 2012.

 

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