About This Property
Oxford Square offers 87 low-income units in Richlands, VA, comprising 31 one-bedroom and 56 two-bedroom apartments. The property has been in service since 2007 and is financed through 9% Low-Income Housing Tax Credits. This community serves families seeking affordable rental housing in Tazewell County.
Property Details
Fair Market Rent - Tazewell 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,094 |
| 4 Bedroom | $1,346 |
Income Limits - Tazewell County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,900
- Low (80%)
- $33,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,900
- Low (80%)
- $38,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $34,650
- Very Low (50%)
- $34,650
- Low (80%)
- $55,400
- Extremely Low (30%)
- $37,050
- Very Low (50%)
- $37,050
- Low (80%)
- $59,250
- Extremely Low (30%)
- $39,450
- Very Low (50%)
- $39,450
- Low (80%)
- $63,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,900 | $33,450 |
| 2 Persons | $17,420 | $23,900 | $38,200 |
| 3 Persons | $21,960 | $26,900 | $43,000 |
| 4 Persons | $26,500 | $29,850 | $47,750 |
| 5 Persons | $31,040 | $32,250 | $51,600 |
| 6 Persons | $34,650 | $34,650 | $55,400 |
| 7 Persons | $37,050 | $37,050 | $59,250 |
| 8 Persons | $39,450 | $39,450 | $63,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Richlands, VA?+
The Fair Market Rent (FMR) for Tazewell County, VA is: $684 (Studio), $689 (1BR), $905 (2BR), $1094 (3BR), $1346 (4BR). Actual rent at subsidized properties like Oxford Square is typically 30% of household income or less.
What size apartments are available at Oxford Square?+
Oxford Square offers the following unit types: 31 One-Bedroom, 56 Two-Bedroom units, for a total of 87 units.
Who manages Oxford Square?+
Oxford Square is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Tazewell County, VA?+
For a 4-person household in Tazewell County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,850, Low Income (80% AMI): $47,750. These limits are set by HUD and updated annually.
Who is eligible to live at Oxford Square?+
Oxford Square 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 Oxford Square?+
Oxford Square 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 Richlands, VA?+
Based on Fair Market Rent for Tazewell County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905. Actual rent at Oxford Square may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
