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New Stevens Woods

25131 Oak Trail Rd, Courtland, Virginia 23837

New Stevens Woods offer affordable 1-bedroom and 2-bedroom apartment homes. Each apartment comes fully-equipped with appliances and energy-efficient windows & doors. Community amenities include a playground, on-site laundry facilities, and some utilities included. New Stevens Woods is located within the Courtland town limits and about 15 miles north of the Virginia/North Carolina border.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Income Based
Two Bedroom (2/1) - Income Based

Eligibility for New Stevens Woods

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 Courtland but actual income limits may differ for units at New Stevens Woods.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $16,450 $19,720 $24,860 $30,000
50% $27,350 $31,250 $35,150 $39,050
80% $43,750 $50,000 $56,250 $62,500

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 Courtland but actual income limits may differ for units at New Stevens Woods.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $27,350 $31,250 $35,150 $39,050
Low Income (60%) $32,820 $37,500 $42,180 $46,860

New Stevens Woods Details

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

Property Amenities

  • Playground
  • Laundry Facilities
  • On-Site Laundry

Unit Amenities

  • Energy Saving Windows
  • Fully Equipped Kitchen

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
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 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.

Images of New Stevens Woods
Image of New Stevens Woods
Nearby Low Income Apartment Communities like New Stevens Woods
Image of Stevens Woods II and III in Courtland, Virginia

Stevens Woods II and III

25090 Oak Trail Rd
Courtland, Virginia
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA
1 BR
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