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 |
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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 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.
Who manages Rose Hill I?+
Rose Hill I is managed by . You can reach them at . Visit their website for more information.