8700 Keswick Dr, Spotsylvania, VA 22551
Waiting List Forecast: Likely Short or None
Verified for 2024 by Lorena Bentley, Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | - |
This property is currently under construction.
Construction began in September 2017. We will update this page soon with leasing and move-in information.
Keswick Senior Apartments offers affordable 1-bedroom and 2-bedroom floorplans for persons age 55 and up. Each unit comes cable ready and includes washer/dryer hook up, walk-in closets, ceiling fans, and bathroom grab bars in select units. Community amenities include a food pantry, community room, fitness center, business center, and laundry facility. Keswick Senior is conveniently located near the bus stop, Merchant’s Square & downtown Fredericksburg and minutes away from Lake Anna State Park, Central Park, South Point Shopping Center and Spotsylvania Town Square Mall.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Keswick Senior Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 675-735ft2 | Call for Price† |
| Two Bedroom (2/2) | 975-980ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year |
| 50% AMI for PBRA Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year |
| 60% AMI for LIHTC Units | $63,300 / year | $72,360 / year | $81,420 / year | $90,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Keswick Senior Apartments have a waiting list?
Keswick Senior 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 Keswick Senior 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.
What property management company manges Keswick Senior Apartments?
Keswick Senior Apartments is managed by JDC Management (James Doran Company) headquartered in Mount Pleasant, South Carolina.
In addition to Keswick Senior Apartments, how many other affordable housing properties (and units) are there in Spotsylvania?
In addition to Keswick Senior Apartments, we list 7 other affordable properties in Spotsylvania. Learn about these properties here. Our data research shows that there are a total of 546 affordable units in Spotsylvania.
When was the Keswick Senior Apartments listing last updated?
Keswick Senior Apartments listing on Affordable Housing Online was last updated on 06/26/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Bishop Demetres Walker says:
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