About This Property
Victoria Place contains 39 one-bedroom units designated for low-income elderly residents in Victoria, VA. The property was placed in service in 2016 and receives 9% Low-Income Housing Tax Credit funding. All 39 units serve as affordable housing for seniors.
Property Details
Fair Market Rent - Lunenburg 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 | $702 |
| 1 Bedroom | $707 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,226 |
| 4 Bedroom | $1,518 |
Income Limits - Lunenburg 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 Victoria, VA?+
The Fair Market Rent (FMR) for Lunenburg County, VA is: $702 (Studio), $707 (1BR), $905 (2BR), $1226 (3BR), $1518 (4BR). Actual rent at subsidized properties like Victoria Place is typically 30% of household income or less.
What size apartments are available at Victoria Place?+
Victoria Place offers the following unit types: 39 One-Bedroom units, for a total of 39 units.
Who is eligible to live at Victoria Place?+
Victoria Place 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 Victoria, VA?+
Based on Fair Market Rent for Lunenburg County, the estimated price range is: 1-bedroom: $707. Actual rent at Victoria Place may be lower for income-eligible households.
What are the income limits for affordable housing in Lunenburg County, VA?+
For a 4-person household in Lunenburg 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.
How do I apply for housing at Victoria Place?+
Victoria Place 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 Victoria Place?+
Victoria Place is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.