Affordable Housing In Mechanicsville
Hanover County, Virginia

5 Low Income Apartment Communities In Mechanicsville

Beaverdam Creek Apartments

7264 Cold Harbor Road
Mechanicsville, Virginia
2-3 BR

Chickahominy Bluff Apartments

7800 Sporting Ln.
Mechanicsville, Virginia
2-3 BR

Harbour Square Apartments

7102 New Hunter Road
Mechanicsville, Virginia

Brandy Hill Apartments

7134 Brandy Hill Terrace
Mechanicsville, Virginia

Pines at Cold Harbor

7202 Garden Park Ln
Mechanicsville, Virginia
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Housing Authorities that serve Mechanicsville

Housing Authority Programs
Virginia Housing Section 8 Housing Choice Voucher (HCV)
Central Virginia Resource Corporation - Main Section 8 Housing Choice Voucher (HCV)
Hanover Community Services Board Section 8 Housing Choice Voucher (HCV)
Richmond Redevelopment and Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Mechanicsville, Virginia

There are 5 low income housing apartment communities offering 628 affordable apartments for rent in Mechanicsville, Virginia.

Income Based Apartments in Mechanicsville, Virginia

Mechanicsville features 100 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Mechanicsville, Virginia

There are 396 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mechanicsville.

Housing Choice Vouchers in Mechanicsville, Virginia

On average, Section 8 Housing Choice vouchers pay Mechanicsville landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Mechanicsville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mechanicsville, Virginia for a two-bedroom apartment is between $1,047 and $1,279.

2021 Mechanicsville, Virginia Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Mechanicsville, Virginia Fair Market Rent $993 $1,020 $1,163 $1,538 $1,840
Mechanicsville, Virginia Payment Standard Range $894 to $1,092 $918 to $1,122 $1,047 to $1,279 $1,384 to $1,692 $1,656 to $2,024

Sourced from federal housing data and research.

Mechanicsville, VA Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 628
Total Housing Units with Rental Assistance 100
Percentage of Housing Units Occupied By Renters 22.04%
Average Renter Household Size 2.31
Average Household Size 2.60
Median Household Income $73,497 ±$2,072
Median Rent $1,095 ±$54
Percentage Of Renters Overburdened 39.9% ± 6.47pp
Total Population 37,210

Population and Household Demographics

Mechanicsville is a city in Hanover County, Virginia with a population of 37,210. There are 14,263 households in the city with an average household size of 2.60 persons. 22.04% of households in Mechanicsville are renters.

Income and Rent Overburden in Mechanicsville

The median gross income for households in Mechanicsville is $73,497 a year, or $6,125 a month. The median rent for the city is $1,095 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mechanicsville, a household making less than $3,650 a month would be considered overburdened when renting an apartment at or above the median rent. 39.9% of households who rent are overburdened in Mechanicsville.

Area Median Income In Mechanicsville

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Mechanicsville, the AMI is calculated from all households within Hanover County.

In Mechanicsville, HUD calculates the Area Median Income for a family of four as $90,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Mechanicsville

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Mechanicsville

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30% AMI Income Limits
Renters earning up to 30% of the Mechanicsville AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,900 $21,600 $24,300 $27,000 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Mechanicsville AMI may qualify for rental assistance programs that target Very Low Income households.
$31,500 $36,000 $40,500 $45,000 $48,600 $52,200 $55,800 $59,400
80% AMI Income Limits
Renters earning up to 80% of the Mechanicsville AMI may qualify for rental assistance programs that target Low Income households.
$50,400 $57,600 $64,800 $72,000 $77,800 $83,550 $89,300 $95,050