About This Property
Pine Ridge offers 27 two-bedroom units in Louisa, VA, providing affordable housing for families. The property was placed in service in 2015 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Louisa 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 | $983 |
| 1 Bedroom | $1,010 |
| 2 Bedroom | $1,134 |
| 3 Bedroom | $1,581 |
| 4 Bedroom | $1,924 |
Income Limits - Louisa County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,650
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $17,900
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,650 | $26,100 | $41,750 |
| 2 Persons | $17,900 | $29,800 | $47,700 |
| 3 Persons | $21,960 | $33,550 | $53,650 |
| 4 Persons | $26,500 | $37,250 | $59,600 |
| 5 Persons | $31,040 | $40,250 | $64,400 |
| 6 Persons | $35,580 | $43,250 | $69,150 |
| 7 Persons | $40,120 | $46,200 | $73,950 |
| 8 Persons | $44,660 | $49,200 | $78,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Louisa, VA?+
The Fair Market Rent (FMR) for Louisa County, VA is: $983 (Studio), $1010 (1BR), $1134 (2BR), $1581 (3BR), $1924 (4BR). Actual rent at subsidized properties like Pine Ridge is typically 30% of household income or less.
What size apartments are available at Pine Ridge?+
Pine Ridge offers the following unit types: 27 Two-Bedroom units, for a total of 27 units.
What are the income limits for affordable housing in Louisa County, VA?+
For a 4-person household in Louisa County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.
Who manages Pine Ridge?+
Pine Ridge is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Pine Ridge?+
Pine Ridge 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 Pine Ridge?+
Pine Ridge 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.
What is the price range for apartments in Louisa, VA?+
Based on Fair Market Rent for Louisa County, the estimated price range is: 2-bedroom: $1134. Actual rent at Pine Ridge may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.