About This Property
Holly View Townhouses comprises 40 low-income units serving families in Morgantown, West Virginia. The community offers a mix of 28 two-bedroom and 12 three-bedroom townhomes and has been in service since 2011. The property is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Monongalia 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 | $857 |
| 1 Bedroom | $862 |
| 2 Bedroom | $1,078 |
| 3 Bedroom | $1,346 |
| 4 Bedroom | $1,829 |
Income Limits - Monongalia County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,000
- Very Low (50%)
- $26,700
- Low (80%)
- $42,700
- Extremely Low (30%)
- $18,300
- Very Low (50%)
- $30,500
- Low (80%)
- $48,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,300
- Low (80%)
- $54,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,100
- Low (80%)
- $60,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,150
- Low (80%)
- $65,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,200
- Low (80%)
- $70,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,300
- Low (80%)
- $80,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,000 | $26,700 | $42,700 |
| 2 Persons | $18,300 | $30,500 | $48,800 |
| 3 Persons | $21,960 | $34,300 | $54,900 |
| 4 Persons | $26,500 | $38,100 | $60,950 |
| 5 Persons | $31,040 | $41,150 | $65,850 |
| 6 Persons | $35,580 | $44,200 | $70,750 |
| 7 Persons | $40,120 | $47,250 | $75,600 |
| 8 Persons | $44,660 | $50,300 | $80,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Morgantown, WV?+
The Fair Market Rent (FMR) for Monongalia County, WV is: $857 (Studio), $862 (1BR), $1078 (2BR), $1346 (3BR), $1829 (4BR). Actual rent at subsidized properties like Holly View Townhouses is typically 30% of household income or less.
What size apartments are available at Holly View Townhouses?+
Holly View Townhouses offers the following unit types: 28 Two-Bedroom, 12 Three-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Monongalia County, WV?+
For a 4-person household in Monongalia County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,100, Low Income (80% AMI): $60,950. These limits are set by HUD and updated annually.
Who manages Holly View Townhouses?+
Holly View Townhouses is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Holly View Townhouses?+
Holly View Townhouses primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Morgantown, WV?+
Based on Fair Market Rent for Monongalia County, the estimated price range is: 2-bedroom: $1078, 3-bedroom: $1346. Actual rent at Holly View Townhouses may be lower for income-eligible households.
How do I apply for housing at Holly View Townhouses?+
Holly View Townhouses 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
Almost All Errands Require a Car
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