About This Property
Massanutten Valley offers 36 one-bedroom units designated for low-income elderly residents in Stanley, Virginia. The property has been in service since 1995 and utilizes 9% Low-Income Housing Tax Credits to support its operations. All 36 units serve the elderly population in Page County.
Property Details
Fair Market Rent - Page County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $739 |
| 1 Bedroom | $806 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,179 |
| 4 Bedroom | $1,536 |
Income Limits - Page County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,900
- Very Low (50%)
- $21,500
- Low (80%)
- $34,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,600
- Low (80%)
- $39,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,650
- Low (80%)
- $44,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,200
- Low (80%)
- $53,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $35,650
- Low (80%)
- $57,000
- Extremely Low (30%)
- $38,100
- Very Low (50%)
- $38,100
- Low (80%)
- $60,900
- Extremely Low (30%)
- $40,550
- Very Low (50%)
- $40,550
- Low (80%)
- $64,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,900 | $21,500 | $34,400 |
| 2 Persons | $17,420 | $24,600 | $39,300 |
| 3 Persons | $21,960 | $27,650 | $44,200 |
| 4 Persons | $26,500 | $30,700 | $49,100 |
| 5 Persons | $31,040 | $33,200 | $53,050 |
| 6 Persons | $35,580 | $35,650 | $57,000 |
| 7 Persons | $38,100 | $38,100 | $60,900 |
| 8 Persons | $40,550 | $40,550 | $64,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stanley, VA?+
The Fair Market Rent (FMR) for Page County, VA is: $739 (Studio), $806 (1BR), $905 (2BR), $1179 (3BR), $1536 (4BR). Actual rent at subsidized properties like Massanutten Valley is typically 30% of household income or less.
What size apartments are available at Massanutten Valley?+
Massanutten Valley offers the following unit types: 36 One-Bedroom units, for a total of 36 units.
Who is eligible to live at Massanutten Valley?+
Massanutten Valley primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Stanley, VA?+
Based on Fair Market Rent for Page County, the estimated price range is: 1-bedroom: $806. Actual rent at Massanutten Valley may be lower for income-eligible households.
What are the income limits for affordable housing in Page County, VA?+
For a 4-person household in Page County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,700, Low Income (80% AMI): $49,100. These limits are set by HUD and updated annually.
Who manages Massanutten Valley?+
Massanutten Valley is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Massanutten Valley?+
Massanutten Valley 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.
Walk Score
Car-Dependent