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Low Income (LIHTC)

Milton Place Ltd

492 Pocono Pl, Pt Pleasant, WV, 25550

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Milton Place Ltd contains 32 low-income units in Point Pleasant, West Virginia, with 16 one-bedroom and 16 two-bedroom floor plans. The property has served elderly residents since its placement in service in 2011. Mason County residents can contact the property management office for occupancy information.

Property Details

Total Units
32
1 Bedroom
16
2 Bedroom
16

Fair Market Rent - Mason County, WV

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$710
1 Bedroom$733
2 Bedroom$886
3 Bedroom$1,071
4 Bedroom$1,180

Income Limits - Mason County, WV

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$19,300
Low (80%)
$30,900
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$22,050
Low (80%)
$35,300
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$24,800
Low (80%)
$39,700
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$27,550
Low (80%)
$44,100
5 Persons
Extremely Low (30%)
$29,800
Very Low (50%)
$29,800
Low (80%)
$47,650
6 Persons
Extremely Low (30%)
$32,000
Very Low (50%)
$32,000
Low (80%)
$51,200
7 Persons
Extremely Low (30%)
$34,200
Very Low (50%)
$34,200
Low (80%)
$54,700
8 Persons
Extremely Low (30%)
$36,400
Very Low (50%)
$36,400
Low (80%)
$58,250

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Tax Credit Program Details

Year Placed in Service
2011
LIHTC Credit Type
4
Low-Income Units
32 / 32
Target Population
Elderly
Funding Programs
TCEP

Frequently Asked Questions

What is the average rent for affordable housing in Pt Pleasant, WV?+

The Fair Market Rent (FMR) for Mason County, WV is: $710 (Studio), $733 (1BR), $886 (2BR), $1071 (3BR), $1180 (4BR). Actual rent at subsidized properties like Milton Place Ltd is typically 30% of household income or less.

What size apartments are available at Milton Place Ltd?+

Milton Place Ltd offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 32 units.

Who is eligible to live at Milton Place Ltd?+

Milton Place Ltd primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Milton Place Ltd?+

Milton Place Ltd is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Milton Place Ltd?+

Milton Place Ltd 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 are the income limits for affordable housing in Mason County, WV?+

For a 4-person household in Mason County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,550, Low Income (80% AMI): $44,100. These limits are set by HUD and updated annually.

What is the price range for apartments in Pt Pleasant, WV?+

Based on Fair Market Rent for Mason County, the estimated price range is: 1-bedroom: $733, 2-bedroom: $886. Actual rent at Milton Place Ltd may be lower for income-eligible households.

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Location

Mason County, WV

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