College Hill Homes

1014 Wise St, Lynchburg, Virginia 24501

College Hill Homes, located at 1014 Wise St in Lynchburg, has one, two, three and four bedroom apartments. College Hill Homes participates in the HOME Investment Partnerships Program program.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price
4 Bedroom (4/1) - Call for Price

College Hill Homes Details

  • 28 one, two, three and four bedroom units.

Unit Amenities

  • Private Porch

About College Hill Homes

At College Hill in Lynchburg, Virginia, CHP preserved and renovated 10 large historic homes into multi-family rental apartments in 2003. There are 28 units for very low-income and low-wealth families. These homes underwent a major rehabilitation, gutting interiors, redesigning the spaces, and dividing the houses into comfortably-sized family units. Each house now contains three (3) to four (4) units, consisting of two (2), three(3) or four (4) bedroom apartments.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

College Hill Homes is managed by Community Housing Partners.

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