About This Property
Highlands I offers 38 low-income units in Broadway, VA, serving families with a mix of one, two, and three-bedroom apartments. The property has been in service since 2000 and is funded through 9% Low-Income Housing Tax Credits. The unit mix includes 4 one-bedroom, 26 two-bedroom, and 8 three-bedroom units.
Property Details
Fair Market Rent - Rockingham 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 | $921 |
| 1 Bedroom | $927 |
| 2 Bedroom | $1,203 |
| 3 Bedroom | $1,619 |
| 4 Bedroom | $2,041 |
Income Limits - Rockingham County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,350
- Very Low (50%)
- $23,950
- Low (80%)
- $38,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,400
- Low (80%)
- $43,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,800
- Low (80%)
- $49,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,950
- Low (80%)
- $59,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,700
- Low (80%)
- $63,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,450
- Low (80%)
- $67,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,150
- Low (80%)
- $72,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,350 | $23,950 | $38,300 |
| 2 Persons | $17,420 | $27,400 | $43,800 |
| 3 Persons | $21,960 | $30,800 | $49,250 |
| 4 Persons | $26,500 | $34,200 | $54,700 |
| 5 Persons | $31,040 | $36,950 | $59,100 |
| 6 Persons | $35,580 | $39,700 | $63,500 |
| 7 Persons | $40,120 | $42,450 | $67,850 |
| 8 Persons | $44,660 | $45,150 | $72,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Broadway, VA?+
The Fair Market Rent (FMR) for Rockingham County, VA is: $921 (Studio), $927 (1BR), $1203 (2BR), $1619 (3BR), $2041 (4BR). Actual rent at subsidized properties like Highlands I is typically 30% of household income or less.
What size apartments are available at Highlands I?+
Highlands I offers the following unit types: 4 One-Bedroom, 26 Two-Bedroom, 8 Three-Bedroom units, for a total of 38 units.
Who is eligible to live at Highlands I?+
Highlands I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Rockingham County, VA?+
For a 4-person household in Rockingham County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,200, Low Income (80% AMI): $54,700. These limits are set by HUD and updated annually.
Who manages Highlands I?+
Highlands I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Highlands I?+
Highlands I 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.
What is the price range for apartments in Broadway, VA?+
Based on Fair Market Rent for Rockingham County, the estimated price range is: 1-bedroom: $927, 2-bedroom: $1203, 3-bedroom: $1619. Actual rent at Highlands I may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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