Courthouse Lane II

150 Courthouse Lane, Bowling Green, Virginia 22427

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

Courthouse Lane is an affordable apartment community located in Bowling Green, Virginia that offers 1- and 2-bedroom apartments. The community is conveniently located near Dining Options, Local Shopping,

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

Eligibility for Courthouse Lane II

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 II.

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 Courthouse Lane II.

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

Courthouse Lane II 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

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.

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.

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