About This Property
Summers Village Apts contains 24 low-income residential units in Summersville, WV, consisting of eight one-bedroom and sixteen two-bedroom apartments. The property has been in service since 1990 and receives 4% Low-Income Housing Tax Credit financing. The community is managed and available for occupancy in Nicholas County.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Summersville, 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 Summers Village Apts is typically 30% of household income or less.
What size apartments are available at Summers Village Apts?+
Summers Village Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
What is the price range for apartments in Summersville, WV?+
Based on Fair Market Rent for Nicholas County, the estimated price range is: 1-bedroom: $690, 2-bedroom: $848. Actual rent at Summers Village Apts 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 Summers Village Apts?+
Summers Village Apts 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 Summers Village Apts?+
Summers Village Apts is managed by . You can reach them at . Visit their website for more information.