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Bobbin Mill Apartments here to stay for lower income Burlington residents

Posted by: josh on December 19, 2012 - 10:05am

Yesterday, the Burlington Housing Authority acquired the Bobbin Mill Apartments. This acquisition preserved 51 Section 8 assisted apartments in Burlington.

Built in 1981,  the Bobbin Mill Apartments offer safe, affordable housing to individuals and families who earn less than 50% of the area median income. Together with Housing Vermont, the Burlington Housing Authority will rehabilitate these units and construct a new community room starting in the summer of 2013.

VHFA provided the acquisition financing using MacArthur Foundation funds for preservation of affordable housing.  

 Photo: Matthew Ham-Ellis

 

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