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Low Income (LIHTC)Waitlist Closed

College Hill Homes

517 Madison St, Lynchburg, VA, 24504

Information verified May 28, 2026·We re-check waiting list status daily

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About This Property

College Hill Homes contains 28 low-income rental units in Lynchburg, VA, with a unit mix of one 1-bedroom, 17 two-bedroom, three 3-bedroom, and six 4-bedroom apartments. The property has been in service since 2004 and is financed through 9% Low-Income Housing Tax Credits. This non-profit owned community serves families seeking affordable housing options.

Waitlist Information

Waitlist managed by Lynchburg Redevelopment & Housing Authority

Public Housing Waitlist
Closed
Opened January 28, 2020
Closed May 19, 2022

Preferences included working, elderly/disabled, veteran or veteran family, homeless, victims of domestic violence, involuntarily displaced, substandard housing, and high rent burden.

Last verified February 19, 2026
Section 8 (HCV) Waitlist
Closed
Opened March 8, 2021
Closed March 11, 2021
Apply: Online

Preferences included elderly, disabled, involuntarily displaced, veterans, those paying over 50% of income on rent, living in substandard housing, working families, homeless, victims of domestic violence, and those in education/job training programs, with selected applicants placed via a lottery system.

Last verified February 19, 2026

Waitlist data provided by section8waitlist.org

Updated May 28, 2026

Property Details

Total Units
28
1 Bedroom
2
2 Bedroom
17
3 Bedroom
3
4 Bedroom
6

Income Limits - Lynchburg County, VA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,500
Very Low (50%)
$25,800
Low (80%)
$41,300
2 Persons
Extremely Low (30%)
$17,700
Very Low (50%)
$29,500
Low (80%)
$47,200
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$33,200
Low (80%)
$53,100
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$36,850
Low (80%)
$58,950
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$39,800
Low (80%)
$63,700
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$42,750
Low (80%)
$68,400
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$45,700
Low (80%)
$73,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$48,650
Low (80%)
$77,850

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Tax Credit Program Details

Year Placed in Service
2004
LIHTC Credit Type
9%
Low-Income Units
28 / 28
Target Population
Families
Designations
Non-ProfitQualified Census Tract

Frequently Asked Questions

What size apartments are available at College Hill Homes?+

College Hill Homes offers the following unit types: 2 One-Bedroom, 17 Two-Bedroom, 3 Three-Bedroom, 6 Four-Bedroom units, for a total of 28 units.

What are the income limits for affordable housing in Lynchburg County, VA?+

For a 4-person household in Lynchburg County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,850, Low Income (80% AMI): $58,950. These limits are set by HUD and updated annually.

Who manages College Hill Homes?+

College Hill Homes is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at College Hill Homes?+

College Hill Homes 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 is eligible to live at College Hill Homes?+

College Hill Homes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Is there a waitlist for College Hill Homes?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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Walk Score

Very Walkable

77
Walk
34
Transit
71
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Lynchburg County, VA

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Housing Resources in Lynchburg, VA

HUD-Approved Counseling Agencies

LYNCHBURG COMMUNITY ACTION GROUP, INCORPORATE (AKA LYNCAG)

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops