William Byrd Senior Apartments

2501 W Broad St, Richmond, Virginia 23220

The historic William Byrd Hotel, was built in 1925 to serve the needs of travelers to Richmond Virginia,
via the trains at  the now historic Broad Street Station.
     In 1996, it became The William Byrd Hotel Apartments after renovations that converted 2 hotel rooms into 1 bedroom apartment homes  for seniors age 55 and older.  At that time the building was listed on the  state and federal register as an historic landmark.  
     In 2016, the community was renamed The William Byrd Senior Apartments, scheduled major renovation were undertaken to upgrade the community and to maintain its historic landmark designation as well.  
The William Byrd Senior Apartments, is currently leasing to the general public for immediate occupancy upon approval of application.
 

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
One Bedroom (1/1) - Call for Price

William Byrd Senior Apartments Details

  • 104 0 bedroom units.
  • High Rise
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Mini Blinds & Curtain Rods

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 William Byrd Senior Apartments.

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
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