Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Timber Ridge Ii

7502 Timberlake Rd, Lynchburg, VA, 24502

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Timber Ridge II is a 72-unit affordable housing community in Lynchburg, VA that has served low-income families since 2010. The property was developed using 9% Low-Income Housing Tax Credit financing. The community provides rental housing for families in need of affordable options in the Lynchburg area.

Waitlist Information

Waitlist managed by Lynchburg Redevelopment & Housing Authority

Public Housing Waitlist
Closed

Eligibility is income-limited to extremely low-income families; applications include a credit report, landlord reference, and criminal background check. Families with children, elderly applicants, and disabled individuals may receive priority placement.

Last verified February 19, 2026
Section 8 (HCV) Waitlist
Closed

Past preferences included elderly, disabled, involuntarily displaced, veterans, those paying over 50% of income for rent, living in substandard housing, working families, homeless, victims of domestic violence, and those in education/job training programs, with selection by random lottery.

Last verified February 19, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
72

HUD Inspection Score

91
Excellent
Inspected December 2018

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

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

Tax Credit Program Details

Year Placed in Service
2010
LIHTC Credit Type
9%
Low-Income Units
72 / 72
Target Population
Families

Frequently Asked Questions

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.

How do I apply for housing at Timber Ridge Ii?+

Timber Ridge Ii 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 Timber Ridge Ii?+

Timber Ridge Ii is managed by . You can reach them at . Visit their website for more information.

What is the HUD inspection score for Timber Ridge Ii?+

Timber Ridge Ii has a HUD inspection score of 91 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

Is there a waitlist for Timber Ridge Ii?+

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.

Who is eligible to live at Timber Ridge Ii?+

Timber Ridge Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Car-Dependent

46
Walk
17
Transit
16
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