About This Property
Highlands II offers 24 low-income rental units in Broadway, Virginia, with a mix of 8 one-bedroom and 16 three-bedroom apartments. The property, placed in service in 2001, serves families and is funded through the 9% Low-Income Housing Tax Credit program. The community is managed and available for occupancy.
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 Ii is typically 30% of household income or less.
What size apartments are available at Highlands Ii?+
Highlands Ii offers the following unit types: 8 One-Bedroom, 16 Three-Bedroom units, for a total of 24 units.
Who is eligible to live at Highlands Ii?+
Highlands Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Highlands Ii?+
Highlands Ii is managed by . You can reach them at . Visit their website for more information.
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.
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, 3-bedroom: $1619. Actual rent at Highlands Ii may be lower for income-eligible households.
How do I apply for housing at Highlands Ii?+
Highlands Ii 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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