About This Property
Raphine Apts Willow Lake comprises 23 low-income rental units in Raphine, Virginia, within Rockbridge County. The property has been in service since 1990 and utilizes 4% Low-Income Housing Tax Credits to support affordable housing operations.
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 Raphine Apts Willow Lake 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.
How do I apply for housing at Raphine Apts Willow Lake?+
Raphine Apts Willow Lake 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 Raphine Apts Willow Lake?+
Raphine Apts Willow Lake is managed by . You can reach them at . Visit their website for more information.