About This Property
Brookshire offers 64 low-income units in Bassett, VA, consisting of 16 one-bedroom and 48 two-bedroom apartments designed to serve families. The property was placed in service in 2018 and is funded through 9% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Henry 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 | $697 |
| 1 Bedroom | $701 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,100 |
| 4 Bedroom | $1,311 |
Income Limits - Henry County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,900
- Low (80%)
- $33,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,900
- Low (80%)
- $38,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $34,650
- Very Low (50%)
- $34,650
- Low (80%)
- $55,400
- Extremely Low (30%)
- $37,050
- Very Low (50%)
- $37,050
- Low (80%)
- $59,250
- Extremely Low (30%)
- $39,450
- Very Low (50%)
- $39,450
- Low (80%)
- $63,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,900 | $33,450 |
| 2 Persons | $17,420 | $23,900 | $38,200 |
| 3 Persons | $21,960 | $26,900 | $43,000 |
| 4 Persons | $26,500 | $29,850 | $47,750 |
| 5 Persons | $31,040 | $32,250 | $51,600 |
| 6 Persons | $34,650 | $34,650 | $55,400 |
| 7 Persons | $37,050 | $37,050 | $59,250 |
| 8 Persons | $39,450 | $39,450 | $63,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bassett, VA?+
The Fair Market Rent (FMR) for Henry County, VA is: $697 (Studio), $701 (1BR), $905 (2BR), $1100 (3BR), $1311 (4BR). Actual rent at subsidized properties like Brookshire is typically 30% of household income or less.
What size apartments are available at Brookshire?+
Brookshire offers the following unit types: 16 One-Bedroom, 48 Two-Bedroom units, for a total of 64 units.
What is the price range for apartments in Bassett, VA?+
Based on Fair Market Rent for Henry County, the estimated price range is: 1-bedroom: $701, 2-bedroom: $905. Actual rent at Brookshire may be lower for income-eligible households.
Who is eligible to live at Brookshire?+
Brookshire 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 Brookshire?+
Brookshire 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 Brookshire?+
Brookshire is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Henry County, VA?+
For a 4-person household in Henry County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,850, Low Income (80% AMI): $47,750. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.