About This Property
Echo Mountain I contains 50 low-income rental units in Woodstock, Virginia, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 1999 and is financed through 9% Low-Income Housing Tax Credits. A nonprofit organization owns and manages the community.
Property Details
Fair Market Rent - Shenandoah 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 | $754 |
| 1 Bedroom | $848 |
| 2 Bedroom | $1,113 |
| 3 Bedroom | $1,488 |
| 4 Bedroom | $1,494 |
Income Limits - Shenandoah County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,450
- Low (80%)
- $39,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,450
- Low (80%)
- $50,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,900
- Low (80%)
- $55,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,700
- Low (80%)
- $60,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,300
- Low (80%)
- $69,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,100
- Low (80%)
- $73,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,450 | $39,100 |
| 2 Persons | $17,420 | $27,950 | $44,700 |
| 3 Persons | $21,960 | $31,450 | $50,300 |
| 4 Persons | $26,500 | $34,900 | $55,850 |
| 5 Persons | $31,040 | $37,700 | $60,350 |
| 6 Persons | $35,580 | $40,500 | $64,800 |
| 7 Persons | $40,120 | $43,300 | $69,300 |
| 8 Persons | $44,660 | $46,100 | $73,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Woodstock, VA?+
The Fair Market Rent (FMR) for Shenandoah County, VA is: $754 (Studio), $848 (1BR), $1113 (2BR), $1488 (3BR), $1494 (4BR). Actual rent at subsidized properties like Echo Mountain I is typically 30% of household income or less.
What size apartments are available at Echo Mountain I?+
Echo Mountain I offers the following unit types: 10 One-Bedroom, 30 Two-Bedroom, 10 Three-Bedroom units, for a total of 50 units.
What are the income limits for affordable housing in Shenandoah County, VA?+
For a 4-person household in Shenandoah County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,900, Low Income (80% AMI): $55,850. These limits are set by HUD and updated annually.
How do I apply for housing at Echo Mountain I?+
Echo Mountain I 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 is eligible to live at Echo Mountain I?+
Echo Mountain I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Woodstock, VA?+
Based on Fair Market Rent for Shenandoah County, the estimated price range is: 1-bedroom: $848, 2-bedroom: $1113, 3-bedroom: $1488. Actual rent at Echo Mountain I may be lower for income-eligible households.
Who manages Echo Mountain I?+
Echo Mountain I 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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