About This Property
Grottoes Manor offers 46 low-income units in Grottoes, Virginia, serving families in Rockingham County. The property has been in service since 2014 and utilizes 9% Low-Income Housing Tax Credits for financing. A non-profit organization owns and manages the community.
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 Manor is typically 30% of household income or less.
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 Grottoes Manor?+
Grottoes Manor is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Grottoes Manor?+
Grottoes Manor primarily serves families. 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 Grottoes Manor?+
Grottoes Manor 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.