About This Property
Stephens Village comprises 46 low-income rental units in Stephens City, Virginia, and has been serving families since 2010. The property is financed through 9% Low-Income Housing Tax Credits and is owned and operated by a non-profit organization.
Property Details
Fair Market Rent - Frederick 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 | $983 |
| 1 Bedroom | $1,104 |
| 2 Bedroom | $1,390 |
| 3 Bedroom | $1,734 |
| 4 Bedroom | $2,347 |
Income Limits - Frederick County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,100
- Very Low (50%)
- $28,500
- Low (80%)
- $45,600
- Extremely Low (30%)
- $19,550
- Very Low (50%)
- $32,600
- Low (80%)
- $52,100
- Extremely Low (30%)
- $22,000
- Very Low (50%)
- $36,650
- Low (80%)
- $58,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,000
- Low (80%)
- $70,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,250
- Low (80%)
- $75,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,500
- Low (80%)
- $80,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,750
- Low (80%)
- $85,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,100 | $28,500 | $45,600 |
| 2 Persons | $19,550 | $32,600 | $52,100 |
| 3 Persons | $22,000 | $36,650 | $58,600 |
| 4 Persons | $26,500 | $40,700 | $65,100 |
| 5 Persons | $31,040 | $44,000 | $70,350 |
| 6 Persons | $35,580 | $47,250 | $75,550 |
| 7 Persons | $40,120 | $50,500 | $80,750 |
| 8 Persons | $44,660 | $53,750 | $85,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stephens City, VA?+
The Fair Market Rent (FMR) for Frederick County, VA is: $983 (Studio), $1104 (1BR), $1390 (2BR), $1734 (3BR), $2347 (4BR). Actual rent at subsidized properties like Stephens Village is typically 30% of household income or less.
What are the income limits for affordable housing in Frederick County, VA?+
For a 4-person household in Frederick County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,700, Low Income (80% AMI): $65,100. These limits are set by HUD and updated annually.
Who is eligible to live at Stephens Village?+
Stephens Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Stephens Village?+
Stephens Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Stephens Village?+
Stephens Village 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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