About This Property
Hillside Apts comprises 36 low-income rental units serving families in Pearisburg, Virginia. The property was placed in service in 2014 and utilizes 9% Low-Income Housing Tax Credits to support affordability. The community is managed and offers housing for eligible low-income households in Giles County.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pearisburg, 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 Hillside Apts (Pearisburg) is typically 30% of household income or less.
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.
Who is eligible to live at Hillside Apts (Pearisburg)?+
Hillside Apts (Pearisburg) 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 Hillside Apts (Pearisburg)?+
Hillside Apts (Pearisburg) 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 Hillside Apts (Pearisburg)?+
Hillside Apts (Pearisburg) is managed by . You can reach them at .
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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