Your new home is waiting for you at Parkwood Apartments. We offer a great price for a convenient location. We are located behind the Culmore Shopping Center and short walking distance to Bailey’s cross roads shopping center. Onsite laundry facilities are available for your conveniences and you can take advantage of spacious Club room, for your house warming party. Your new home offers an open floor plan, wall to wall carpet, central a/c and heat. Parkwood Apartments participates in the Federal Low Income Housing Tax Credit Program. This program insures that the apartments in our community remain at rents affordable for moderate to low-income households. Eligibility for occupancy in our community is determined according to both the qualification requirements for Parkwood and the qualification requirements for the Federal Low Income Housing Tax Credit Program. Prospective residents desiring occupancy in one of our apartments must meet both qualification criteria. Should you wish to learn more regarding our program we would be happy to provide additional information!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 690 | $1,271 |
Two Bedroom (2/1) | 750 | $1,520 |
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 Falls Church but actual income limits may differ for units at Parkwood Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $52,750 | $60,300 | $67,850 | $75,350 |
Low Income (60%) | $63,300 | $72,360 | $81,420 | $90,420 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
Saturday | 10:00am-5:00pm |
Sunday | 1:00pm-5:00pm |
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.