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The Town of South Hill has announced the planned repurposing and reconstruction of the John H. Groom School located at 1050 Plank Rd. in South Hill, VA.
In August 2018 Groom School Apartments, LLC, owned by Landmark Development Group finalized the purchase of the Groom School, which sat vacant since its closure in 2005, from Mecklenburg County.
After years of analysis, planning, and preparation, Landmark is moving forward with plans to renovate the existing structure as well as adding new facilities for approximately 54 multifamily dwellings. Environmental abatement is underway, and the erosion control and site work will soon begin.
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 South Hill but actual income limits may differ for units at Groom School Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $20,900 | $23,900 | $26,900 | $29,850 | $32,250 | $34,650 | $37,050 | $39,450 |
Low Income (60%) | $25,080 | $28,680 | $32,280 | $35,820 | $38,700 | $41,580 | $44,460 | $47,340 |