Low Income (LIHTC)

Rivermont (Martinsville)

1446 Fayette St Apt 9, Martinsville, VA, 24112

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

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About This Property

Rivermont is a 99-unit affordable housing community in Martinsville, VA that serves families with low incomes. The property was placed in service in 2014 and receives funding through the HOME program and 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.

Property Details

Total Units

Income Limits - Martinsville County, VA

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

1 Person

Extremely Low (30%): $12,880
Very Low (50%): $20,900
Low (80%): $33,450

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $23,900
Low (80%): $38,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $26,900
Low (80%): $43,000

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $29,850
Low (80%): $47,750

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $32,250
Low (80%): $51,600

6 Persons

Extremely Low (30%): $34,650
Very Low (50%): $34,650
Low (80%): $55,400

7 Persons

Extremely Low (30%): $37,050
Very Low (50%): $37,050
Low (80%): $59,250

8 Persons

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

Year Placed in Service

2014

LIHTC Credit Type

Low-Income Units

99 / 99

Target Population

Families

Funding Programs

HOMERental Assistance

Designations

Non-ProfitQualified Census Tract

Frequently Asked Questions

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

For a 4-person household in Martinsville 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 Rivermont (Martinsville)?+

Rivermont (Martinsville) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Rivermont (Martinsville)?+

Rivermont (Martinsville) primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Rivermont (Martinsville)?+

Rivermont (Martinsville) is managed by . You can reach them at .

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