About This Property
Indian Creek provides 20 low-income residential units in Kilmarnock, Virginia, comprising four one-bedroom and sixteen two-bedroom apartments. The property has been in service since 2011 and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community, which serves families seeking affordable housing in Lancaster County.
Property Details
Fair Market Rent - Lancaster 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 | $893 |
| 1 Bedroom | $898 |
| 2 Bedroom | $1,114 |
| 3 Bedroom | $1,378 |
| 4 Bedroom | $1,581 |
Income Limits - Lancaster County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,850
- Low (80%)
- $62,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,750
- Low (80%)
- $66,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,600
- Low (80%)
- $71,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,500
- Low (80%)
- $75,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,200 | $40,250 |
| 2 Persons | $17,420 | $28,800 | $46,000 |
| 3 Persons | $21,960 | $32,400 | $51,750 |
| 4 Persons | $26,500 | $35,950 | $57,500 |
| 5 Persons | $31,040 | $38,850 | $62,100 |
| 6 Persons | $35,580 | $41,750 | $66,700 |
| 7 Persons | $40,120 | $44,600 | $71,300 |
| 8 Persons | $44,660 | $47,500 | $75,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kilmarnock, VA?+
The Fair Market Rent (FMR) for Lancaster County, VA is: $893 (Studio), $898 (1BR), $1114 (2BR), $1378 (3BR), $1581 (4BR). Actual rent at subsidized properties like Indian Creek is typically 30% of household income or less.
What size apartments are available at Indian Creek?+
Indian Creek offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom units, for a total of 20 units.
Who manages Indian Creek?+
Indian Creek is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Lancaster County, VA?+
For a 4-person household in Lancaster County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,950, Low Income (80% AMI): $57,500. These limits are set by HUD and updated annually.
Who is eligible to live at Indian Creek?+
Indian Creek primarily serves families. 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 Kilmarnock, VA?+
Based on Fair Market Rent for Lancaster County, the estimated price range is: 1-bedroom: $898, 2-bedroom: $1114. Actual rent at Indian Creek may be lower for income-eligible households.
How do I apply for housing at Indian Creek?+
Indian Creek 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
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.