About This Property
Craigsville Elderly comprises 16 low-income units in Craigsville, WV and has served elderly residents since 1992. The property includes 14 one-bedroom and 2 two-bedroom apartments and is financed through 4% Low-Income Housing Tax Credits. This Nicholas County property provides affordable housing options for seniors in the area.
Property Details
Fair Market Rent - Nicholas 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 | $679 |
| 1 Bedroom | $690 |
| 2 Bedroom | $848 |
| 3 Bedroom | $1,195 |
| 4 Bedroom | $1,208 |
Income Limits - Nicholas County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,200
- Low (80%)
- $30,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,950
- Low (80%)
- $35,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,700
- Low (80%)
- $39,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $31,800
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $36,200
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,200 | $30,700 |
| 2 Persons | $17,420 | $21,950 | $35,100 |
| 3 Persons | $21,960 | $24,700 | $39,500 |
| 4 Persons | $26,500 | $27,400 | $43,850 |
| 5 Persons | $29,600 | $29,600 | $47,400 |
| 6 Persons | $31,800 | $31,800 | $50,900 |
| 7 Persons | $34,000 | $34,000 | $54,400 |
| 8 Persons | $36,200 | $36,200 | $57,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Craigsville, WV?+
The Fair Market Rent (FMR) for Nicholas County, WV is: $679 (Studio), $690 (1BR), $848 (2BR), $1195 (3BR), $1208 (4BR). Actual rent at subsidized properties like Craigsville Elderly is typically 30% of household income or less.
What size apartments are available at Craigsville Elderly?+
Craigsville Elderly offers the following unit types: 14 One-Bedroom, 2 Two-Bedroom units, for a total of 16 units.
Who is eligible to live at Craigsville Elderly?+
Craigsville Elderly primarily serves elderly residents. 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 Craigsville, WV?+
Based on Fair Market Rent for Nicholas County, the estimated price range is: 1-bedroom: $690, 2-bedroom: $848. Actual rent at Craigsville Elderly may be lower for income-eligible households.
What are the income limits for affordable housing in Nicholas County, WV?+
For a 4-person household in Nicholas County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,400, Low Income (80% AMI): $43,850. These limits are set by HUD and updated annually.
How do I apply for housing at Craigsville Elderly?+
Craigsville Elderly 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 Craigsville Elderly?+
Craigsville Elderly is managed by . You can reach them at . Visit their website for more information.