The Meadows Apartments - VA

About This Building

Affordable Housing at The Meadows Apartments in Farmville, VA Introduction: The Meadows Apartments is a Low-Income Housing Tax Credit apartment located in Farmville, VA. Offering an affordable housing option, these rental apartments are supported by the LIHTC program, with specific rent and income restrictions. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to offer affordable housing options for low-income individuals. The maximum rent charged is determined by the Area Median Income (AMI), ensuring affordability for eligible tenants. Consideration of Affordable Rent: Due to the AMI-based rent structure, it is important to assess whether this apartment is affordable for low-income individuals. It is advisable to check the current rental rates to determine if they align with your budgetary requirements. Apartment Details: The Meadows Apartments consists of 40 one and two-bedroom apartments designed for low-income individuals. The availability of these units may be limited, as waiting lists for apartments are common in today's market. Application Process: To apply and determine your eligibility for residency, it is recommended to directly contact The Meadows Apartments using the provided phone number. This will allow you to inquire about the application process and ascertain if you meet the required criteria. Conclusion: The Meadows Apartments offers low-income individuals the opportunity to secure affordable housing through the LIHTC program. By contacting the management directly, you can gain further details regarding the application process and determine if this housing option suits your needs.