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Luray Village

111 Sixth Street, Luray, Virginia 22835

Luray Village apartment complex is nestled in between two mountain ridges, outside of Luray, VA. One bedroom units are side by side duplexes, on ground level, and easily accessible for both the elderly and disabled. Two bedroom apartments are front and back and also accessible to the elderly and disabled. The apartments include refrigerator, stove, carpeting, tile, generous cabinet and closet spaces. A quiet neighborhood setting makes living here pleasant. Contact the property manager for more information.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 597 Call for Price
Two Bedroom (2/1) 782 Call for Price

Luray Village Details

  • 34 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Controlled Access
  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Rural Area
  • On-Site Parking
  • Community Room

Unit Amenities

  • Air Conditioning
  • All Appliances included
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • vinyl tile flooring

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Shopping
  • Near Hospital
  • Near Library
  • 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.

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.

Luray 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 Luray but actual income limits may differ for units at Luray Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,150 $24,200 $27,200 $30,200 $32,650 $35,050 $37,450 $39,900
Low Income (60%) $25,380 $29,040 $32,640 $36,240 $39,180 $42,060 $44,940 $47,880

Luray Village is managed by TM Associates Management, Inc.

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