About This Property
Elk Village Apts comprises 25 low-income units in Sutton, WV, with an 18 one-bedroom and seven two-bedroom unit mix. The property has been in service since 1995 and receives 4% LIHTC credit financing. Management and leasing inquiries can be directed to the property contact.
Property Details
Fair Market Rent - Braxton 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 | $641 |
| 1 Bedroom | $645 |
| 2 Bedroom | $848 |
| 3 Bedroom | $1,031 |
| 4 Bedroom | $1,206 |
Income Limits - Braxton County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,550
- Low (80%)
- $31,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,350
- Low (80%)
- $35,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $25,150
- Low (80%)
- $40,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $30,150
- Very Low (50%)
- $30,150
- Low (80%)
- $48,250
- Extremely Low (30%)
- $32,400
- Very Low (50%)
- $32,400
- Low (80%)
- $51,800
- Extremely Low (30%)
- $34,600
- Very Low (50%)
- $34,600
- Low (80%)
- $55,400
- Extremely Low (30%)
- $36,850
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,550 | $31,300 |
| 2 Persons | $17,420 | $22,350 | $35,750 |
| 3 Persons | $21,960 | $25,150 | $40,200 |
| 4 Persons | $26,500 | $27,900 | $44,650 |
| 5 Persons | $30,150 | $30,150 | $48,250 |
| 6 Persons | $32,400 | $32,400 | $51,800 |
| 7 Persons | $34,600 | $34,600 | $55,400 |
| 8 Persons | $36,850 | $36,850 | $58,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sutton, WV?+
The Fair Market Rent (FMR) for Braxton County, WV is: $641 (Studio), $645 (1BR), $848 (2BR), $1031 (3BR), $1206 (4BR). Actual rent at subsidized properties like Elk Village Apts is typically 30% of household income or less.
What size apartments are available at Elk Village Apts?+
Elk Village Apts offers the following unit types: 18 One-Bedroom, 7 Two-Bedroom units, for a total of 25 units.
What is the price range for apartments in Sutton, WV?+
Based on Fair Market Rent for Braxton County, the estimated price range is: 1-bedroom: $645, 2-bedroom: $848. Actual rent at Elk Village Apts may be lower for income-eligible households.
Who manages Elk Village Apts?+
Elk Village Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Elk Village Apts?+
Elk 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.
What are the income limits for affordable housing in Braxton County, WV?+
For a 4-person household in Braxton County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,900, Low Income (80% AMI): $44,650. These limits are set by HUD and updated annually.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.