About This Property
Lincolnshire Apts comprises 24 one-bedroom units designated as low-income housing in Mineral Wells, WV. The property was placed in service in 2000 and utilizes 4% Low-Income Housing Tax Credits to support affordability. The apartments are managed to serve eligible low-income residents in Wood County.
Property Details
Fair Market Rent - Wood 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 | $787 |
| 1 Bedroom | $792 |
| 2 Bedroom | $948 |
| 3 Bedroom | $1,289 |
| 4 Bedroom | $1,305 |
Income Limits - Wood County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,200
- Low (80%)
- $33,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,250
- Low (80%)
- $43,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $35,100
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $37,550
- Very Low (50%)
- $37,550
- Low (80%)
- $60,050
- Extremely Low (30%)
- $39,950
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,200 | $33,900 |
| 2 Persons | $17,420 | $24,200 | $38,750 |
| 3 Persons | $21,960 | $27,250 | $43,600 |
| 4 Persons | $26,500 | $30,250 | $48,400 |
| 5 Persons | $31,040 | $32,700 | $52,300 |
| 6 Persons | $35,100 | $35,100 | $56,150 |
| 7 Persons | $37,550 | $37,550 | $60,050 |
| 8 Persons | $39,950 | $39,950 | $63,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mineral Wells, WV?+
The Fair Market Rent (FMR) for Wood County, WV is: $787 (Studio), $792 (1BR), $948 (2BR), $1289 (3BR), $1305 (4BR). Actual rent at subsidized properties like Lincolnshire Apts is typically 30% of household income or less.
What size apartments are available at Lincolnshire Apts?+
Lincolnshire Apts offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What is the price range for apartments in Mineral Wells, WV?+
Based on Fair Market Rent for Wood County, the estimated price range is: 1-bedroom: $792. Actual rent at Lincolnshire Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Wood County, WV?+
For a 4-person household in Wood County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,250, Low Income (80% AMI): $48,400. These limits are set by HUD and updated annually.
Who manages Lincolnshire Apts?+
Lincolnshire Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lincolnshire Apts?+
Lincolnshire 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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