About This Property
Lakeside Manor contains 23 low-income units in Raphine, Virginia and has served families since its placement in service in 2014. The property is financed through 9% Low-Income Housing Tax Credits and operates under non-profit ownership.
Property Details
Fair Market Rent - Rockbridge 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 | $772 |
| 1 Bedroom | $842 |
| 2 Bedroom | $945 |
| 3 Bedroom | $1,332 |
| 4 Bedroom | $1,466 |
Income Limits - Rockbridge County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,450
- Low (80%)
- $34,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,500
- Low (80%)
- $39,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,550
- Low (80%)
- $44,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,600
- Low (80%)
- $48,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,050
- Low (80%)
- $52,900
- Extremely Low (30%)
- $35,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $37,950
- Very Low (50%)
- $37,950
- Low (80%)
- $60,700
- Extremely Low (30%)
- $40,400
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,450 | $34,300 |
| 2 Persons | $17,420 | $24,500 | $39,200 |
| 3 Persons | $21,960 | $27,550 | $44,100 |
| 4 Persons | $26,500 | $30,600 | $48,950 |
| 5 Persons | $31,040 | $33,050 | $52,900 |
| 6 Persons | $35,500 | $35,500 | $56,800 |
| 7 Persons | $37,950 | $37,950 | $60,700 |
| 8 Persons | $40,400 | $40,400 | $64,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Raphine, VA?+
The Fair Market Rent (FMR) for Rockbridge County, VA is: $772 (Studio), $842 (1BR), $945 (2BR), $1332 (3BR), $1466 (4BR). Actual rent at subsidized properties like Lakeside Manor is typically 30% of household income or less.
What are the income limits for affordable housing in Rockbridge County, VA?+
For a 4-person household in Rockbridge County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,600, Low Income (80% AMI): $48,950. These limits are set by HUD and updated annually.
Who is eligible to live at Lakeside Manor?+
Lakeside Manor primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Lakeside Manor?+
Lakeside Manor 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 manages Lakeside Manor?+
Lakeside Manor is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car