Courthouse Lane II

150 Courthouse Lane, Bowling Green, Virginia 22427

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About Courthouse Lane II

Property Details

  • 24 units.
  • Project-Based Rental Assistance

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Courthouse Lane II was last updated on 07/18/2017

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Bowling Green HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,500 $20,000 $22,500 $25,100 $29,420 $33,740 $38,060 $42,380
50% $29,150 $33,300 $37,450 $41,600 $44,950 $48,300 $51,600 $54,950
80% $46,600 $53,250 $59,900 $66,550 $71,900 $77,200 $82,550 $87,850

Courthouse Lane II receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Courthouse Lane II is managed by TM Associates Management, Inc.