About This Property
Willow Spring Farm Apts V offers 40 one-bedroom units designated for low-income households in Charles Town, WV. The property has been in service since 1994 and receives 4% Low-Income Housing Tax Credit (LIHTC) financing. All 40 units at this Jefferson County community are affordable to eligible residents.
Property Details
Fair Market Rent - Jefferson 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 | $831 |
| 1 Bedroom | $836 |
| 2 Bedroom | $1,099 |
| 3 Bedroom | $1,549 |
| 4 Bedroom | $1,865 |
Income Limits - Jefferson County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,500
- Very Low (50%)
- $34,150
- Low (80%)
- $54,600
- Extremely Low (30%)
- $23,400
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $26,350
- Very Low (50%)
- $43,900
- Low (80%)
- $70,200
- Extremely Low (30%)
- $29,250
- Very Low (50%)
- $48,750
- Low (80%)
- $78,000
- Extremely Low (30%)
- $31,600
- Very Low (50%)
- $52,650
- Low (80%)
- $84,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $56,550
- Low (80%)
- $90,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $60,450
- Low (80%)
- $96,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $64,350
- Low (80%)
- $103,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,500 | $34,150 | $54,600 |
| 2 Persons | $23,400 | $39,000 | $62,400 |
| 3 Persons | $26,350 | $43,900 | $70,200 |
| 4 Persons | $29,250 | $48,750 | $78,000 |
| 5 Persons | $31,600 | $52,650 | $84,250 |
| 6 Persons | $35,580 | $56,550 | $90,500 |
| 7 Persons | $40,120 | $60,450 | $96,750 |
| 8 Persons | $44,660 | $64,350 | $103,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Charles Town, WV?+
The Fair Market Rent (FMR) for Jefferson County, WV is: $831 (Studio), $836 (1BR), $1099 (2BR), $1549 (3BR), $1865 (4BR). Actual rent at subsidized properties like Willow Spring Farm Apts V is typically 30% of household income or less.
What size apartments are available at Willow Spring Farm Apts V?+
Willow Spring Farm Apts V offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Jefferson County, WV?+
For a 4-person household in Jefferson County, WV, the income limits are: Extremely Low Income (30% AMI): $29,250, Very Low Income (50% AMI): $48,750, Low Income (80% AMI): $78,000. These limits are set by HUD and updated annually.
How do I apply for housing at Willow Spring Farm Apts V?+
Willow Spring Farm Apts V is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Willow Spring Farm Apts V?+
Willow Spring Farm Apts V is managed by . You can reach them at .
What is the price range for apartments in Charles Town, WV?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $836. Actual rent at Willow Spring Farm Apts V may be lower for income-eligible households.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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