
About This Property
Mt Regis Village contains 168 affordable housing units in Salem, VA, including 68 designated low-income units. The community was placed in service in 1993 and utilizes 4% Low-Income Housing Tax Credit financing with tax-exempt bond funding. For more information about availability and eligibility, contact the property management office.
Property Details
Income Limits - Salem County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,450
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,300
- Low (80%)
- $56,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,200
- Low (80%)
- $62,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,650
- Low (80%)
- $77,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,750
- Low (80%)
- $82,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,450 | $27,450 | $43,900 |
| 2 Persons | $18,800 | $31,400 | $50,200 |
| 3 Persons | $21,960 | $35,300 | $56,450 |
| 4 Persons | $26,500 | $39,200 | $62,700 |
| 5 Persons | $31,040 | $42,350 | $67,750 |
| 6 Persons | $35,580 | $45,500 | $72,750 |
| 7 Persons | $40,120 | $48,650 | $77,750 |
| 8 Persons | $44,660 | $51,750 | $82,800 |
Tax Credit Program Details
Frequently Asked Questions
What are the income limits for affordable housing in Salem County, VA?+
For a 4-person household in Salem County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,200, Low Income (80% AMI): $62,700. These limits are set by HUD and updated annually.
How do I apply for housing at Mt Regis Village?+
Mt Regis Village 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.
Who manages Mt Regis Village?+
Mt Regis Village is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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