About This Property
Surry Village III offers 8 two-bedroom units in Spring Grove, Virginia, designated for low-income families. The property has been in service since 1994 and is financed through 9% Low-Income Housing Tax Credits. Management and leasing information are available upon request.
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 Surry Village Iii is typically 30% of household income or less.
What size apartments are available at Surry Village Iii?+
Surry Village Iii offers the following unit types: 8 Two-Bedroom units, for a total of 8 units.
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 is eligible to live at Surry Village Iii?+
Surry Village Iii 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 Surry Village Iii?+
Surry Village Iii 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.
What is the price range for apartments in Spring Grove, VA?+
Based on Fair Market Rent for Surry County, the estimated price range is: 2-bedroom: $905. Actual rent at Surry Village Iii may be lower for income-eligible households.
Who manages Surry Village Iii?+
Surry Village Iii is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
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