About This Property
Rose Hill I comprises 40 low-income units in South Boston, Virginia, serving elderly residents. The property was placed in service in 1992 and utilizes 9% Low-Income Housing Tax Credits to support its operations.
Property Details
Fair Market Rent - Halifax 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 | $739 |
| 1 Bedroom | $776 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,162 |
| 4 Bedroom | $1,227 |
Income Limits - Halifax County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,000
- Low (80%)
- $33,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,000
- Low (80%)
- $38,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $34,800
- Very Low (50%)
- $34,800
- Low (80%)
- $55,700
- Extremely Low (30%)
- $37,200
- Very Low (50%)
- $37,200
- Low (80%)
- $59,550
- Extremely Low (30%)
- $39,600
- Very Low (50%)
- $39,600
- Low (80%)
- $63,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,000 | $33,600 |
| 2 Persons | $17,420 | $24,000 | $38,400 |
| 3 Persons | $21,960 | $27,000 | $43,200 |
| 4 Persons | $26,500 | $30,000 | $48,000 |
| 5 Persons | $31,040 | $32,400 | $51,850 |
| 6 Persons | $34,800 | $34,800 | $55,700 |
| 7 Persons | $37,200 | $37,200 | $59,550 |
| 8 Persons | $39,600 | $39,600 | $63,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in South Boston, VA?+
The Fair Market Rent (FMR) for Halifax County, VA is: $739 (Studio), $776 (1BR), $905 (2BR), $1162 (3BR), $1227 (4BR). Actual rent at subsidized properties like Rose Hill I is typically 30% of household income or less.
What are the income limits for affordable housing in Halifax County, VA?+
For a 4-person household in Halifax County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,000, Low Income (80% AMI): $48,000. These limits are set by HUD and updated annually.
Who manages Rose Hill I?+
Rose Hill I is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Rose Hill I?+
Rose Hill I primarily serves elderly residents. 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 Rose Hill I?+
Rose Hill I 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.