About This Property
James H. Booton Memorial Apartments is a 19-unit affordable housing community in Wayne, WV that serves elderly residents. The property features 18 one-bedroom and one two-bedroom units designated for low-income households. Placed in service in 2015, the community operates as a non-profit-owned property with 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Wayne 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 | $793 |
| 1 Bedroom | $815 |
| 2 Bedroom | $938 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,431 |
Income Limits - Wayne County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,050
- Very Low (50%)
- $21,700
- Low (80%)
- $34,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,000
- Low (80%)
- $57,550
- Extremely Low (30%)
- $38,450
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,950
- Very Low (50%)
- $40,950
- Low (80%)
- $65,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,050 | $21,700 | $34,750 |
| 2 Persons | $17,420 | $24,800 | $39,700 |
| 3 Persons | $21,960 | $27,900 | $44,650 |
| 4 Persons | $26,500 | $31,000 | $49,600 |
| 5 Persons | $31,040 | $33,500 | $53,600 |
| 6 Persons | $35,580 | $36,000 | $57,550 |
| 7 Persons | $38,450 | $38,450 | $61,550 |
| 8 Persons | $40,950 | $40,950 | $65,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wayne, WV?+
The Fair Market Rent (FMR) for Wayne County, WV is: $793 (Studio), $815 (1BR), $938 (2BR), $1236 (3BR), $1431 (4BR). Actual rent at subsidized properties like James H. Booton Memorial Apartments is typically 30% of household income or less.
What size apartments are available at James H. Booton Memorial Apartments?+
James H. Booton Memorial Apartments offers the following unit types: 18 One-Bedroom, 1 Two-Bedroom units, for a total of 19 units.
What is the price range for apartments in Wayne, WV?+
Based on Fair Market Rent for Wayne County, the estimated price range is: 1-bedroom: $815, 2-bedroom: $938. Actual rent at James H. Booton Memorial Apartments may be lower for income-eligible households.
Who is eligible to live at James H. Booton Memorial Apartments?+
James H. Booton Memorial Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at James H. Booton Memorial Apartments?+
James H. Booton Memorial Apartments 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 Wayne County, WV?+
For a 4-person household in Wayne County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,000, Low Income (80% AMI): $49,600. These limits are set by HUD and updated annually.
Who manages James H. Booton Memorial Apartments?+
James H. Booton Memorial Apartments is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.