About This Property
943 Building Apts comprises four 2-bedroom units designated for low-income families in Princeton, West Virginia. The property has been in service since 1993 and receives funding through the HOME program. All four units serve as affordable housing options in Mercer County.
Property Details
Fair Market Rent - Mercer 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 | $575 |
| 1 Bedroom | $690 |
| 2 Bedroom | $848 |
| 3 Bedroom | $1,165 |
| 4 Bedroom | $1,250 |
Income Limits - Mercer County, WV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,200
- Low (80%)
- $30,700
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,950
- Low (80%)
- $35,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,700
- Low (80%)
- $39,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,400
- Low (80%)
- $43,850
- Extremely Low (30%)
- $29,600
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $31,800
- Very Low (50%)
- $31,800
- Low (80%)
- $50,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $36,200
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,200 | $30,700 |
| 2 Persons | $17,420 | $21,950 | $35,100 |
| 3 Persons | $21,960 | $24,700 | $39,500 |
| 4 Persons | $26,500 | $27,400 | $43,850 |
| 5 Persons | $29,600 | $29,600 | $47,400 |
| 6 Persons | $31,800 | $31,800 | $50,900 |
| 7 Persons | $34,000 | $34,000 | $54,400 |
| 8 Persons | $36,200 | $36,200 | $57,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Princeton, WV?+
The Fair Market Rent (FMR) for Mercer County, WV is: $575 (Studio), $690 (1BR), $848 (2BR), $1165 (3BR), $1250 (4BR). Actual rent at subsidized properties like 943 Building Apts is typically 30% of household income or less.
What size apartments are available at 943 Building Apts?+
943 Building Apts offers the following unit types: 4 Two-Bedroom units, for a total of 4 units.
Who is eligible to live at 943 Building Apts?+
943 Building Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Mercer County, WV?+
For a 4-person household in Mercer County, WV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,400, Low Income (80% AMI): $43,850. These limits are set by HUD and updated annually.
Who manages 943 Building Apts?+
943 Building Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Princeton, WV?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 2-bedroom: $848. Actual rent at 943 Building Apts may be lower for income-eligible households.
How do I apply for housing at 943 Building Apts?+
943 Building 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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