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Randolph Village

704A S Harrison St , Richmond, Virginia 23220

Located in Richmond, VA Enjoy the advantages of apartment living at Randolph Village Apartrments. Functional floor plans, quality workmanship, and a convenient location make Randolph Village a desirable community in which to live.

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Waiting List is Closed

Application and Waiting List closed for 2017

Last updated on October 10th, 2017

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Income Based
3 Bedroom (3/1) - Income Based

Randolph Village Details

  • 91 two and three bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • On-Site Parking
  • On-site Laundry

Unit Amenities

  • Garbage Disposal
  • Washer/Dryer Hookup
  • Electric Range
  • Lots of cabinet space
  • Frost-Free Refrigerator
  • Spacious Living Rooms

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

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 HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Richmond but actual income limits may differ for units at Randolph Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,900 $21,600 $24,300 $27,000 $31,040 $35,580 $40,120 $44,660
50% $31,500 $36,000 $40,500 $45,000 $48,600 $52,200 $55,800 $59,400
80% $50,400 $57,600 $64,800 $72,000 $77,800 $83,550 $89,300 $95,050

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 Randolph Village.

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

Randolph Village is managed by Amurcon Realty Co.

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