Apartments at Kingsridge I & ll

390 Kingsridge Rd, Richmond, Virginia 23223

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!

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/2) - $690
3 Bedroom (3/2) - $795

Apartments at Kingsridge I & ll Details

  • 72 0 and 0 bedroom units.
  • State or Local Program
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Playground
  • Community Room

Unit Amenities

  • Cable Ready
  • Refrigerator
  • Full-Size Washer & Dryer Connections
  • Coat Closets
  • Double Sinks

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm

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.

Richmond 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 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.

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