About This Property
Parkview Gardens contains 80 units in Farmville, Virginia, with 79 units designated for low-income households. The property was placed in service in 2013 and utilizes 9% Low-Income Housing Tax Credits to serve families in Prince Edward County. This non-profit-owned community provides affordable rental housing options in the area.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 Parkview Gardens 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 manages Parkview Gardens?+
Parkview Gardens is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Parkview Gardens?+
Parkview Gardens has a HUD inspection score of 97 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.
How do I apply for housing at Parkview Gardens?+
Parkview Gardens 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 is eligible to live at Parkview Gardens?+
Parkview Gardens primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.