About This Property
Angelwood At Caroline comprises 26 low-income rental units in Bowling GREEN, VA and serves families through a mix of 22 two-bedroom apartments. The property was placed in service in 2015 and operates under 9% Low-Income Housing Tax Credit financing. A non-profit organization owns the community.
Property Details
Fair Market Rent - Caroline 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 | $946 |
| 1 Bedroom | $952 |
| 2 Bedroom | $1,181 |
| 3 Bedroom | $1,664 |
| 4 Bedroom | $1,946 |
Income Limits - Caroline County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $27,000
- Very Low (50%)
- $45,000
- Low (80%)
- $72,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,600
- Low (80%)
- $77,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,200
- Low (80%)
- $83,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,800
- Low (80%)
- $89,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,400
- Low (80%)
- $95,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,900 | $31,500 | $50,400 |
| 2 Persons | $21,600 | $36,000 | $57,600 |
| 3 Persons | $24,300 | $40,500 | $64,800 |
| 4 Persons | $27,000 | $45,000 | $72,000 |
| 5 Persons | $31,040 | $48,600 | $77,800 |
| 6 Persons | $35,580 | $52,200 | $83,550 |
| 7 Persons | $40,120 | $55,800 | $89,300 |
| 8 Persons | $44,660 | $59,400 | $95,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bowling Green, VA?+
The Fair Market Rent (FMR) for Caroline County, VA is: $946 (Studio), $952 (1BR), $1181 (2BR), $1664 (3BR), $1946 (4BR). Actual rent at subsidized properties like Angelwood At Caroline is typically 30% of household income or less.
What size apartments are available at Angelwood At Caroline?+
Angelwood At Caroline offers the following unit types: 22 Two-Bedroom units, for a total of 26 units.
Who is eligible to live at Angelwood At Caroline?+
Angelwood At Caroline primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Bowling Green, VA?+
Based on Fair Market Rent for Caroline County, the estimated price range is: 2-bedroom: $1181. Actual rent at Angelwood At Caroline may be lower for income-eligible households.
How do I apply for housing at Angelwood At Caroline?+
Angelwood At Caroline 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.
What are the income limits for affordable housing in Caroline County, VA?+
For a 4-person household in Caroline County, VA, the income limits are: Extremely Low Income (30% AMI): $27,000, Very Low Income (50% AMI): $45,000, Low Income (80% AMI): $72,000. These limits are set by HUD and updated annually.
Who manages Angelwood At Caroline?+
Angelwood At Caroline is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.