About This Property
Yellowbud Place comprises 50 units in Moorefield, WV, with 49 designated as low-income housing serving families. The property features a mix of one-, two-, and three-bedroom units: 10 one-bedroom, 24 two-bedroom, and 16 three-bedroom apartments. Placed in service in 2003, the property utilizes 9% Low-Income Housing Tax Credits for financing.
Property Details
Fair Market Rent - Hardy County, WV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $681 |
| 1 Bedroom | $685 |
| 2 Bedroom | $869 |
| 3 Bedroom | $1,112 |
| 4 Bedroom | $1,238 |
Income Limits - Hardy County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,750
- Low (80%)
- $31,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,600
- Low (80%)
- $36,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $55,950
- Extremely Low (30%)
- $37,250
- Very Low (50%)
- $37,250
- Low (80%)
- $59,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,750 | $31,600 |
| 2 Persons | $17,420 | $22,600 | $36,100 |
| 3 Persons | $21,960 | $25,400 | $40,600 |
| 4 Persons | $26,500 | $28,200 | $45,100 |
| 5 Persons | $30,500 | $30,500 | $48,750 |
| 6 Persons | $32,750 | $32,750 | $52,350 |
| 7 Persons | $35,000 | $35,000 | $55,950 |
| 8 Persons | $37,250 | $37,250 | $59,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Moorefield, WV?+
The Fair Market Rent (FMR) for Hardy County, WV is: $681 (Studio), $685 (1BR), $869 (2BR), $1112 (3BR), $1238 (4BR). Actual rent at subsidized properties like Yellowbud Place is typically 30% of household income or less.
What size apartments are available at Yellowbud Place?+
Yellowbud Place offers the following unit types: 10 One-Bedroom, 24 Two-Bedroom, 16 Three-Bedroom units, for a total of 50 units.
How do I apply for housing at Yellowbud Place?+
Yellowbud Place 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 Moorefield, WV?+
Based on Fair Market Rent for Hardy County, the estimated price range is: 1-bedroom: $685, 2-bedroom: $869, 3-bedroom: $1112. Actual rent at Yellowbud Place may be lower for income-eligible households.
Who is eligible to live at Yellowbud Place?+
Yellowbud Place primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Yellowbud Place?+
Yellowbud Place is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Hardy County, WV?+
For a 4-person household in Hardy County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $28,200, Low Income (80% AMI): $45,100. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.