About This Property
Aspen Square offers 60 one-bedroom units designed for elderly residents in Tazewell, Virginia. The property has been in service since 2011 and utilizes 9% Low-Income Housing Tax Credits to provide affordable housing. All units serve low-income households 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 Tazewell, 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 Aspen Square is typically 30% of household income or less.
What size apartments are available at Aspen Square?+
Aspen Square offers the following unit types: 60 One-Bedroom units, for a total of 60 units.
What is the price range for apartments in Tazewell, VA?+
Based on Fair Market Rent for Tazewell County, the estimated price range is: 1-bedroom: $689. Actual rent at Aspen Square may be lower for income-eligible households.
Who is eligible to live at Aspen Square?+
Aspen Square primarily serves elderly residents. 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 Aspen Square?+
Aspen 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.
Who manages Aspen Square?+
Aspen 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.
Walk Score
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