Low Income (LIHTC)

Rivermont (Martinsville)

1446 Fayette St Apt 9, Martinsville, VA, 24112

Information verified May 8, 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 manages Rivermont (Martinsville)?+

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

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.

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