Where is it located? Hutchins Street in downtown Morrisville, in an unused infill lot adjacent to The Head Shed and Barbour Real Estate.

How many apartments are there? 24 units comprised of a mixture of studios, one, and two bedroom rental apartments.

Who will live there? Village Center Apartments is income eligible and designated for our community’s lower and moderate income earning residents. The future residents are people that we already live, work and play alongside everyday such as older Vermonters who receive Social Security Income and working Vermonters who earn between $12 to $15 per hour at fulltime employment.

Is the rent affordable? LHP will offer rents that range from $650 to $1,000 per month including heat and utilities. In comparison, a recent housing analysis of the Lamoille region found that fair market rents for similar types of apartments range from $1,000 to $1,400 per month and exclude heat and utilities.

Is Village Center Apartments funded by taxpayers? No, it is not. Like all of our affordable housing projects, Village Center Apartments funding comes from private investment through the Low Income Housing Tax Credit (LIHTC) program, as well as the Vermont Housing & Conservation Board, Vermont Community Development Program, LIHTC investors, and Vermont Housing Finance Agency. Additional funding came from Housing Ministries of New England and Community National Bank. Learn more about how our affordable housing projects are funded.

Where will the residents park? How will that impact the community? Village Center Apartments' future residents will park in the municipal parking lot across the street from the property, plus two parking spaces located on site are reserved for residents with ADA needs. In the fall, the municipal parking lot expansion and redesign project will be underway to increase the parking lot's current capacity by an additional 35 parking spaces; a portion of these will be available for car-owning Village Center Apartments residents. Based on LHP resident data, about 50% of our residents own a car; in this case, we estimate about 12 municipal parking lot spaces will be utilized by future Village Center Apartments residents. The municipal parking lot expansion and redesign project creates a twofold benefit shared by our entire community: it was key to adding 24 units of affordable rental housing to Morrisville, and contributes to Morrisville's vibrancy by increasing parking capacity for downtown businesses and outdoor recreation amenities.

Who is paying for the parking lot work? LHP and the Town of Morrisville worked together closely on the municipal parking lot expansion and redesign project, and are equally cost sharing the scope of work. As part of our continued commitment to the community, LHP reinvested funding that was generously provided by Community National Bank into the municipal parking lot, community shared infrastructure vital to downtown Morrisville's vibrancy and economy.

When will residents move into Village Center Apartments? Due to a fire that occurred on the jobsite in July 2022, the completion timeline has been extended to summer 2023.