About This Property
Surry Village I provides 48 low-income units in Spring Grove, Virginia, with a mix of 16 one-bedroom and 32 two-bedroom apartments that serve families. The property has been in service since 2008 and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
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 |
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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 Surry Village I is typically 30% of household income or less.
What size apartments are available at Surry Village I?+
Surry Village I offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom units, for a total of 48 units.
How do I apply for housing at Surry Village I?+
Surry Village 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 Surry Village I?+
Surry Village I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Surry Village I?+
Surry Village I is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Spring Grove, VA?+
Based on Fair Market Rent for Surry County, the estimated price range is: 1-bedroom: $730, 2-bedroom: $905. Actual rent at Surry Village I may be lower for income-eligible households.
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.
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