About This Property
Mountain Glen & Glen Mountain Homes consists of 14 low-income units in Glen Lyn, VA serving families. The property includes 2 studios, 6 one-bedroom, 3 two-bedroom, and 3 three-bedroom units and has been in service since 1999. This development receives funding through HOME and uses 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Giles 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 | $742 |
| 1 Bedroom | $806 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,179 |
| 4 Bedroom | $1,245 |
Income Limits - Giles County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,100
- Low (80%)
- $33,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,550
- Low (80%)
- $52,050
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,350
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $39,750
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,100 | $33,750 |
| 2 Persons | $17,420 | $24,100 | $38,550 |
| 3 Persons | $21,960 | $27,100 | $43,350 |
| 4 Persons | $26,500 | $30,100 | $48,150 |
| 5 Persons | $31,040 | $32,550 | $52,050 |
| 6 Persons | $34,950 | $34,950 | $55,900 |
| 7 Persons | $37,350 | $37,350 | $59,750 |
| 8 Persons | $39,750 | $39,750 | $63,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Glen Lyn, VA?+
The Fair Market Rent (FMR) for Giles County, VA is: $742 (Studio), $806 (1BR), $905 (2BR), $1179 (3BR), $1245 (4BR). Actual rent at subsidized properties like Mountain Glen & Glen Mountain Homes is typically 30% of household income or less.
What size apartments are available at Mountain Glen & Glen Mountain Homes?+
Mountain Glen & Glen Mountain Homes offers the following unit types: 2 Studio, 6 One-Bedroom, 3 Two-Bedroom, 3 Three-Bedroom units, for a total of 14 units.
How do I apply for housing at Mountain Glen & Glen Mountain Homes?+
Mountain Glen & Glen Mountain Homes 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.
Who is eligible to live at Mountain Glen & Glen Mountain Homes?+
Mountain Glen & Glen Mountain Homes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Mountain Glen & Glen Mountain Homes?+
Mountain Glen & Glen Mountain Homes is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Glen Lyn, VA?+
Based on Fair Market Rent for Giles County, the estimated price range is: 1-bedroom: $806, 2-bedroom: $905, 3-bedroom: $1179. Actual rent at Mountain Glen & Glen Mountain Homes may be lower for income-eligible households.
What are the income limits for affordable housing in Giles County, VA?+
For a 4-person household in Giles County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,100, Low Income (80% AMI): $48,150. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
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