About This Property
Lafayette Square offers 106 low-income units in Williamsburg, Virginia, serving families in need of affordable housing. The property was placed in service in 2008 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - James City 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 | $1,279 |
| 1 Bedroom | $1,287 |
| 2 Bedroom | $1,493 |
| 3 Bedroom | $2,079 |
| 4 Bedroom | $2,532 |
Income Limits - James City County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,350
- Extremely Low (30%)
- $20,300
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $22,850
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,050
- Low (80%)
- $78,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,400
- Low (80%)
- $83,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,800
- Low (80%)
- $89,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,600 | $47,350 |
| 2 Persons | $20,300 | $33,800 | $54,100 |
| 3 Persons | $22,850 | $38,050 | $60,850 |
| 4 Persons | $26,500 | $42,250 | $67,600 |
| 5 Persons | $31,040 | $45,650 | $73,050 |
| 6 Persons | $35,580 | $49,050 | $78,450 |
| 7 Persons | $40,120 | $52,400 | $83,850 |
| 8 Persons | $44,660 | $55,800 | $89,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Williamsburg, VA?+
The Fair Market Rent (FMR) for James City County, VA is: $1279 (Studio), $1287 (1BR), $1493 (2BR), $2079 (3BR), $2532 (4BR). Actual rent at subsidized properties like Lafayette Square is typically 30% of household income or less.
What are the income limits for affordable housing in James City County, VA?+
For a 4-person household in James City County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,250, Low Income (80% AMI): $67,600. These limits are set by HUD and updated annually.
Who manages Lafayette Square?+
Lafayette Square is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Lafayette Square?+
Lafayette Square 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 Lafayette Square?+
Lafayette Square 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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