Courthouse Lane I

150 Courthouse Ln, Bowling Green, Virginia

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Courthouse Lane I is managed by TM Associates Management, Inc.

Courthouse Lane is an affordable apartment community located in Bowling Green, Virginia that offers 1-bedroom apartments. The community is conveniently located less than a mile from the Old Courthouse Cafe, a Food Lion for groceries and the serene Maracossic Creek.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price

Eligibility for Courthouse Lane 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 Courthouse Lane I.

AMI Band 1 Person 2 Person
30% $19,050 $21,800
50% $31,750 $36,250
80% $50,750 $58,000

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 Courthouse Lane I.

AMI Band 1 Person 2 Person
Very Low Income (50%) $31,750 $36,250
Low Income (60%) $38,100 $43,500

Courthouse Lane I Details

  • 32 one bedroom units.
  • Section 515 Rural Rental Housing
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

  • BBQ and Picnic Area
  • Community Room
  • On-Site Recycling

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 8:30am-4:30pm
Tuesday 8:30am-4:30pm
Wednesday By Appointment
Thursday 8:30am-4:30pm
Friday 8:30am-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.

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.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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