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Echo Mountain Apartments

254 Lora Drive, Woodstock, Virginia 22664

Nice, quiet and safe community located in town. Close to shopping, restaurants, schools and hospital.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 632 $611
Two Bedroom (2/2) 911 $738
Three Bedroom (3/2) 1078 $851

Echo Mountain Apartments Details

  • 50 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • BBQ/Picnic Area
  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance
  • Rural Area

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Window Coverings
  • Carpet
  • Private Entrance

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

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.

Woodstock 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 Woodstock but actual income limits may differ for units at Echo Mountain Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,800 $27,200 $30,600 $33,950 $36,700 $39,400 $42,100 $44,850
Low Income (60%) $28,560 $32,640 $36,720 $40,740 $44,040 $47,280 $50,520 $53,820

Echo Mountain Apartments is managed by Silverwood Companies.

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