About This Property
Parkridge Apts II contains 10 units designated for low-income households in Bruceton Mills, West Virginia. The property includes four one-bedroom units and six two-bedroom units and has been in service since 1990. The development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Preston 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 - Preston 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bruceton Mills, WV?+
The Fair Market Rent (FMR) for Preston County, WV is: $857 (Studio), $862 (1BR), $1078 (2BR), $1346 (3BR), $1829 (4BR). Actual rent at subsidized properties like Parkridge Apts Ii is typically 30% of household income or less.
What size apartments are available at Parkridge Apts Ii?+
Parkridge Apts Ii offers the following unit types: 4 One-Bedroom, 6 Two-Bedroom units, for a total of 10 units.
Who manages Parkridge Apts Ii?+
Parkridge Apts Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Parkridge Apts Ii?+
Parkridge Apts Ii 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 Preston County, WV?+
For a 4-person household in Preston 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.
What is the price range for apartments in Bruceton Mills, WV?+
Based on Fair Market Rent for Preston County, the estimated price range is: 1-bedroom: $862, 2-bedroom: $1078. Actual rent at Parkridge Apts Ii may be lower for income-eligible households.
Walk Score
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