About This Property
Grottoes II offers 34 low-income housing units in Grottoes, Virginia, consisting of 2 one-bedroom and 32 two-bedroom apartments. The property has served families since being placed in service in 2001 and operates with 9% Low-Income Housing Tax Credits. Interested parties can contact the property management for further information about availability and application procedures.
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 Grottoes Ii is typically 30% of household income or less.
What size apartments are available at Grottoes Ii?+
Grottoes Ii offers the following unit types: 2 One-Bedroom, 32 Two-Bedroom units, for a total of 34 units.
Who manages Grottoes Ii?+
Grottoes Ii is managed by . You can reach them at . Visit their website for more information.
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, 2-bedroom: $1203. Actual rent at Grottoes Ii may be lower for income-eligible households.
Who is eligible to live at Grottoes Ii?+
Grottoes Ii 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.
How do I apply for housing at Grottoes Ii?+
Grottoes 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
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Nearby Schools
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