Crossings at Fourth and Preston
401 4th St NW, Charlottesville, Virginia 22903
Contact Crossings at Fourth and Preston
Crossings at Fourth and Preston is managed by Albemarle County Office of Housing.
The Crossings represents the Charlottesville area’s first permanent supportive housing community for formerly homeless individuals. It’s also a mixed-income community in which 30 of the 60 studio apartments are designated for individuals who may not have experienced homelessness but whose incomes are 50 percent or less of the area median income.
Waiting List is Closed
Some units at this property are available through Albemarle County Office of Housing's Treesdale, The Crossing and Crozet Meadows Section 8 Project-Based Voucher Waiting List. Learn about this waiting list here.Eligibility for Crossings at Fourth and Preston
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 Charlottesville but actual income limits may differ for units at Crossings at Fourth and Preston.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 50% | $38,850 | $44,400 | $49,950 | $55,500 | $59,950 | $64,400 | $68,850 | $73,300 |
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 Charlottesville but actual income limits may differ for units at Crossings at Fourth and Preston.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $38,850 | $44,400 | $49,950 | $55,500 | $59,950 | $64,400 | $68,850 | $73,300 |
| Low Income (60%) | $46,620 | $53,280 | $59,940 | $66,600 | $71,940 | $77,280 | $82,620 | $87,960 |
Crossings at Fourth and Preston Details
- 10 bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Fitness Center
- Community Room
- On-Site Social Services
- Laundry Facilities
- Computer Room
- Community Kitchen
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.
Images of Crossings at Fourth and Preston
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