About This Property
Woodcrest contains 40 one-bedroom units in South Boston, VA and serves elderly residents. The property was placed in service in 2011 and utilizes 9% Low-Income Housing Tax Credits to provide affordable housing. All 40 units are designated as low-income housing.
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 Woodcrest is typically 30% of household income or less.
What size apartments are available at Woodcrest?+
Woodcrest offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
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 Woodcrest?+
Woodcrest is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Woodcrest?+
Woodcrest 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 Woodcrest?+
Woodcrest primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in South Boston, VA?+
Based on Fair Market Rent for Halifax County, the estimated price range is: 1-bedroom: $776. Actual rent at Woodcrest may be lower for income-eligible households.