501 W Mary St, Bristol, VA 24201
Waiting List Forecast: Likely Short or None
Verified for 2019 by Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 1,000 - 1,400 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Thomas Jefferson Apartments is a wonderful SENIOR community for 55 and older. This welcoming community before being rehabilitated in 2002 was first a school building. What were once classrooms are now spacious 1 & 2 bedroom apartments. Our 1 & 2 bedroom apartments are equipped with emergency pull cords, central heat and air, carpet and more. Many of our residents enjoy our library, support services and gazebo. Call today for more information!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Thomas Jefferson Senior Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 1000ft2 | Call for Price† |
| Two Bedroom (2/2) | 1400ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $24,700 / year | $28,200 / year | $31,750 / year | $35,250 / year |
| 50% AMI for PBRA Units | $24,700 / year | $28,200 / year | $31,750 / year | $35,250 / year |
| 60% AMI for LIHTC Units | $29,640 / year | $33,840 / year | $38,100 / year | $42,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Thomas Jefferson Senior Apartments have a waiting list?
Thomas Jefferson Senior Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Thomas Jefferson Senior Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Thomas Jefferson Senior Apartments, how many other affordable housing properties (and units) are there in Bristol?
In addition to Thomas Jefferson Senior Apartments, we list 13 other affordable properties in Bristol. Learn about these properties here. Our data research shows that there are a total of 854 affordable units in Bristol.
800 Dixie St , Bristol, Virginia 24201
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