Caroline Manor I

150 Courthouse Ln., Bowling Green, Virginia 22427

Contact Caroline Manor I

Caroline Manor is an affordable apartment community located in Bowling Green, Virginia that offers 1- and 2-bedroom apartments. The community is conveniently located near local dining, shopping and the gentle babbling of the Maracossic Creek.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1.5)	850	Call for Price

Eligibility for Caroline Manor I

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Bowling Green but actual income limits may differ for units at Caroline Manor I.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$19,050	$21,800	$24,860	$30,000
50%	$31,750	$36,250	$40,800	$45,300
80%	$50,750	$58,000	$65,250	$72,500

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 Bowling Green but actual income limits may differ for units at Caroline Manor I.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$31,750	$36,250	$40,800	$45,300
Low Income (60%)	$38,100	$43,500	$48,960	$54,360

Caroline Manor I Details

24 one and two bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

BBQ and Picnic Area
Community Room
Off-Street Parking
On-Site Recycling
On-Site Maintenance

Unit Amenities

Air Conditioning
Washer and Dryer Hookup
Cable Ready
Window Coverings
Carpet
Refrigerator
Extra Storage
Balconies or Patios Available
Energy Efficient Appliances

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	8:00am-4:30pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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.