Kingsridge offers new 2 and 3 bedroom garden-style apartment homes in a great location, minutes to I-64, shopping and other amenities! All apartments have 2 baths, open floor plans, washer and dryer connections, cable ready and more! Residents have lower utility bills and healthier living environments by building since apartments are built to EarthCraft multifamily standards. Enjoy a beautiful community room, playground and fitness center. Phase II coming in 2020!
|2 Bedroom (2/2)||-||$690|
|3 Bedroom (3/2)||-||$795|
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 Richmond but actual income limits may differ for units at Apartments at Kingsridge I & ll.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$31,500||$36,000||$40,500||$45,000||$48,600||$52,200||$55,800||$59,400|
|Low Income (60%)||$37,800||$43,200||$48,600||$54,000||$58,320||$62,640||$66,960||$71,280|
Apartments at Kingsridge I & ll is managed by Community Housing Partners.