About This Property
Lebanon Village is an affordable housing community in Spring Grove, Virginia, comprising 24 low-income units that have served the Surry County area since 1989. The property was developed using 4% Low-Income Housing Tax Credits and continues to provide rental housing for eligible residents.
Property Details
Fair Market Rent - Surry 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 | $725 |
| 1 Bedroom | $730 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,536 |
Income Limits - Surry County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,750
- Low (80%)
- $38,000
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,150
- Low (80%)
- $43,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,900
- Low (80%)
- $54,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,650
- Low (80%)
- $58,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,350
- Low (80%)
- $62,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,750
- Low (80%)
- $71,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,750 | $38,000 |
| 2 Persons | $17,420 | $27,150 | $43,400 |
| 3 Persons | $21,960 | $30,550 | $48,850 |
| 4 Persons | $26,500 | $33,900 | $54,250 |
| 5 Persons | $31,040 | $36,650 | $58,600 |
| 6 Persons | $35,580 | $39,350 | $62,950 |
| 7 Persons | $40,120 | $42,050 | $67,300 |
| 8 Persons | $44,660 | $44,750 | $71,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Spring Grove, VA?+
The Fair Market Rent (FMR) for Surry County, VA is: $725 (Studio), $730 (1BR), $905 (2BR), $1275 (3BR), $1536 (4BR). Actual rent at subsidized properties like Lebanon Village is typically 30% of household income or less.
What are the income limits for affordable housing in Surry County, VA?+
For a 4-person household in Surry County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,900, Low Income (80% AMI): $54,250. These limits are set by HUD and updated annually.
Who manages Lebanon Village?+
Lebanon Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lebanon Village?+
Lebanon 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.
Walk Score
Almost All Errands Require a Car
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