Enjoy carefree living to the fullest at Kings Crest, an affordable senior apartment community located in historic Fredericksburg. Situated in a wooded setting, Kings Crest offers one (1) and two (2) bedroom apartments to adults 55+. Take advantage of free storage, eat-in kitchens, optional lake front views and a host of recreational, social and educational events. A keypad building entrance and emergency response system provide peace of mind in having your home at Kings Crest.
Currently accepting waiting list applications.Last updated on December 17th, 2018
|1 Bedroom (1/1)||-||$900|
|2 Bedroom (2/1)||-||$1,100|
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.
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 Fredericksburg but actual income limits may differ for units at Kings Crest Senior Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$44,100||$50,400||$56,700||$63,000||$68,050||$73,100||$78,150||$83,200|
|Low Income (60%)||$52,920||$60,480||$68,040||$75,600||$81,660||$87,720||$93,780||$99,840|
Kings Crest Senior Apartments is managed by The Franklin Johnston Group.