About This Property
New River Overlook comprises 40 one-bedroom units serving elderly residents in Radford, VA. The property was placed in service in 2015 and utilizes 9% LIHTC financing to maintain affordability for low-income households. A non-profit entity owns and manages the community.
Property Details
Income Limits - Radford County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,750
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $19,150
- Very Low (50%)
- $31,900
- Low (80%)
- $51,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,900
- Low (80%)
- $57,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,850
- Low (80%)
- $63,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,050
- Low (80%)
- $68,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,250
- Low (80%)
- $73,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,450
- Low (80%)
- $79,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,650
- Low (80%)
- $84,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,750 | $27,900 | $44,650 |
| 2 Persons | $19,150 | $31,900 | $51,000 |
| 3 Persons | $21,960 | $35,900 | $57,400 |
| 4 Persons | $26,500 | $39,850 | $63,750 |
| 5 Persons | $31,040 | $43,050 | $68,850 |
| 6 Persons | $35,580 | $46,250 | $73,950 |
| 7 Persons | $40,120 | $49,450 | $79,050 |
| 8 Persons | $44,660 | $52,650 | $84,150 |
Tax Credit Program Details
Frequently Asked Questions
What size apartments are available at New River Overlook?+
New River Overlook offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Radford County, VA?+
For a 4-person household in Radford County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,850, Low Income (80% AMI): $63,750. These limits are set by HUD and updated annually.
How do I apply for housing at New River Overlook?+
New River Overlook 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 New River Overlook?+
New River Overlook is managed by . You can reach them at .
Who is eligible to live at New River Overlook?+
New River Overlook primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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