1050 Plank Road, South Hill, VA 23970
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Lorena Bentley, Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 550 - 900 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
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.
Because Groom School Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 550ft2 | Call for Price† |
| Two Bedroom (2/1) | 900ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $24,750 / year | $28,250 / year | $31,800 / year | $35,300 / year |
| 50% AMI for PBRA Units | $24,750 / year | $28,250 / year | $31,800 / year | $35,300 / year |
| 60% AMI for LIHTC Units | $29,700 / year | $33,900 / year | $38,160 / year | $42,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Groom School Apartments have a waiting list?
Groom School Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Groom School Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Groom School Apartments, how many other affordable housing properties (and units) are there in South Hill?
In addition to Groom School Apartments, we list 6 other affordable properties in South Hill. Learn about these properties here. Our data research shows that there are a total of 298 affordable units in South Hill.
601 E Ferrell St, South Hill, Virginia 23970
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