About This Property
Meadows Apts Farmville comprises 40 units designated for low-income families in Farmville, Virginia. The property was placed in service in 2009 and receives 9% Low-Income Housing Tax Credit funding. A non-profit entity owns and manages the community.
Property Details
Fair Market Rent - Prince Edward 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 | $856 |
| 1 Bedroom | $880 |
| 2 Bedroom | $1,048 |
| 3 Bedroom | $1,267 |
| 4 Bedroom | $1,396 |
Income Limits - Prince Edward County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,300
- Very Low (50%)
- $22,200
- Low (80%)
- $35,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $39,350
- Very Low (50%)
- $39,350
- Low (80%)
- $62,900
- Extremely Low (30%)
- $41,850
- Very Low (50%)
- $41,850
- Low (80%)
- $66,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,300 | $22,200 | $35,500 |
| 2 Persons | $17,420 | $25,400 | $40,600 |
| 3 Persons | $21,960 | $28,550 | $45,650 |
| 4 Persons | $26,500 | $31,700 | $50,700 |
| 5 Persons | $31,040 | $34,250 | $54,800 |
| 6 Persons | $35,580 | $36,800 | $58,850 |
| 7 Persons | $39,350 | $39,350 | $62,900 |
| 8 Persons | $41,850 | $41,850 | $66,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Farmville, VA?+
The Fair Market Rent (FMR) for Prince Edward County, VA is: $856 (Studio), $880 (1BR), $1048 (2BR), $1267 (3BR), $1396 (4BR). Actual rent at subsidized properties like Meadows Apts Farmville is typically 30% of household income or less.
What are the income limits for affordable housing in Prince Edward County, VA?+
For a 4-person household in Prince Edward County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,700, Low Income (80% AMI): $50,700. These limits are set by HUD and updated annually.
Who is eligible to live at Meadows Apts Farmville?+
Meadows Apts Farmville primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Meadows Apts Farmville?+
Meadows Apts Farmville is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Meadows Apts Farmville?+
Meadows Apts Farmville 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.