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Cedar Forest Apartments

306 Dairy St , Covington, Virginia 24426

Cedar Forest Apartments is a wonderful community located in the heart of the Blue Ridge Mountains. We are located near shopping dining and public transportation. We have 2 & 3 bedroom apartments equipped with washer/dryer hook-up, central heat & air, patios and more. Call today for more information!

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/2) 1058 Call for Price
Three Bedroom (3/2) 1290 Call for Price

Cedar Forest Apartments Details

  • 40 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • BBQ/Picnic Area
  • Community Room
  • On-Site Parking

Unit Amenities

  • Handicapped Accessible
  • Dishwasher
  • Washer/Dryer Hookup
  • Cable Ready
  • Walk-in Closet(s)
  • Spacious Closets
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • Private Entrance

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Covington Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Covington but actual income limits may differ for units at Cedar Forest Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,800 $37,500 $42,200 $46,850 $50,600 $54,350 $58,100 $61,850
Low Income (60%) $39,360 $45,000 $50,640 $56,220 $60,720 $65,220 $69,720 $74,220

Cedar Forest Apartments is managed by Edgewood Management Corporation.

Image of Cedar Forest Apartments
Image of Cedar Forest Apartments
Image of Cedar Forest Apartments

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