About This Property
Caroline Manor II comprises 17 low-income rental units in Bowling Green, Virginia, serving families through the Low-Income Housing Tax Credit program. The property, which entered service in 2006, includes 13 two-bedroom units and four three-bedroom units. The development is financed with 9% LIHTC credits.
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 |
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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 Caroline Manor Ii is typically 30% of household income or less.
What size apartments are available at Caroline Manor Ii?+
Caroline Manor Ii offers the following unit types: 13 Two-Bedroom, 4 Three-Bedroom units, for a total of 17 units.
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, 3-bedroom: $1664. Actual rent at Caroline Manor Ii may be lower for income-eligible households.
Who is eligible to live at Caroline Manor Ii?+
Caroline Manor Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Caroline Manor Ii?+
Caroline Manor Ii is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Caroline Manor Ii?+
Caroline Manor 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
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