About This Property
Cambridge Court offers 39 one-bedroom apartments in Grottoes, Virginia, serving elderly residents. The property has been in service since 1999 and participates in the Low-Income Housing Tax Credit program. All 39 units are designated as low-income housing.
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 Grottoes, 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 Cambridge Court is typically 30% of household income or less.
What size apartments are available at Cambridge Court?+
Cambridge Court offers the following unit types: 39 One-Bedroom units, for a total of 39 units.
Who manages Cambridge Court?+
Cambridge Court is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Cambridge Court?+
Cambridge Court primarily serves elderly residents. 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 Cambridge Court?+
Cambridge Court 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 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 Grottoes, VA?+
Based on Fair Market Rent for Rockingham County, the estimated price range is: 1-bedroom: $927. Actual rent at Cambridge Court 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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