About This Property
Tazewell Square comprises 56 low-income rental units in Tazewell, Virginia, with a mix of 32 one-bedroom and 24 two-bedroom apartments. The property was placed in service in 2007 and is financed through 9% Low-Income Housing Tax Credits. This development serves families seeking affordable 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 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 Tazewell Square is typically 30% of household income or less.
What size apartments are available at Tazewell Square?+
Tazewell Square offers the following unit types: 32 One-Bedroom, 24 Two-Bedroom units, for a total of 56 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, 2-bedroom: $905. Actual rent at Tazewell Square may be lower for income-eligible households.
Who manages Tazewell Square?+
Tazewell Square is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Tazewell Square?+
Tazewell Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
How do I apply for housing at Tazewell Square?+
Tazewell 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.
Walk Score
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Nearby Schools
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