About This Property
Craigmont Manor contains 44 low-income units in Craigsville, VA and serves families in Augusta County. The property was placed in service in 2014 and utilizes 9% Low-Income Housing Tax Credits to support affordable housing. A non-profit organization owns the property.
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 |
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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 Manor 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 is eligible to live at Craigmont Manor?+
Craigmont Manor primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Craigmont Manor?+
Craigmont Manor is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Who manages Craigmont Manor?+
Craigmont Manor is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.