About This Property
Craigmont Apts II comprises 44 units designated for low-income households in Craigsville, Virginia. The property has been in service since 1991 and is financed through 4% Low-Income Housing Tax Credits. The community is managed by an on-site management team.
Property Details
Fair Market Rent - Augusta County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $981 |
| 1 Bedroom | $987 |
| 2 Bedroom | $1,149 |
| 3 Bedroom | $1,616 |
| 4 Bedroom | $1,922 |
Income Limits - Augusta County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,500
- Low (80%)
- $45,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,050
- Low (80%)
- $51,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,300
- Low (80%)
- $66,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,150
- Low (80%)
- $70,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,000
- Low (80%)
- $75,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,950 | $39,900 |
| 2 Persons | $17,420 | $28,500 | $45,600 |
| 3 Persons | $21,960 | $32,050 | $51,300 |
| 4 Persons | $26,500 | $35,600 | $56,950 |
| 5 Persons | $31,040 | $38,450 | $61,550 |
| 6 Persons | $35,580 | $41,300 | $66,100 |
| 7 Persons | $40,120 | $44,150 | $70,650 |
| 8 Persons | $44,660 | $47,000 | $75,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Craigsville, VA?+
The Fair Market Rent (FMR) for Augusta County, VA is: $981 (Studio), $987 (1BR), $1149 (2BR), $1616 (3BR), $1922 (4BR). Actual rent at subsidized properties like Craigmont Apts Ii is typically 30% of household income or less.
What are the income limits for affordable housing in Augusta County, VA?+
For a 4-person household in Augusta County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,600, Low Income (80% AMI): $56,950. These limits are set by HUD and updated annually.
Who manages Craigmont Apts Ii?+
Craigmont Apts Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Craigmont Apts Ii?+
Craigmont Apts Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.