Low Income (LIHTC)Waitlist Closed

College Hill Homes

517 Madison St, Lynchburg, VA, 24504

Information verified July 29, 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

Apply: Online

Preferences included Working, Elderly/Disabled, Veteran or Veteran Family, Homeless, Victims of Domestic Violence, Involuntary Displaced, Substandard Housing, High Rent Burden (rent is 50%+ of income), or Currently Enrolled in an Educational Training Program. Applicants were placed by date/time of application, then by preferences.

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, Veteran, paying over 50% of income for rent, living in substandard housing, working families, homeless, victims of domestic violence, or enrolled in education/job training. Selection was by random lottery with preferences considered.

Last verified February 19, 2026

Waitlist data provided by section8waitlist.org

Updated July 29, 2026

Property Details

Total Units

1 Bedroom

2 Bedroom

3 Bedroom

4 Bedroom

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

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

Tax Credit Program Details

Year Placed in Service

2004

LIHTC Credit Type

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.

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.

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.

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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