The Meadows

508 Hylawn Avenue, Farmville, Virginia 23901

Contact The Meadows

The Meadows is an affordable apartment community offering 1- and 2-bedroom units. This community offers many amenities including on-site laundry facilities, a playground, and an on-site property manager.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	596	Income Based
Two Bedroom (2/1)	778	Income Based

Eligibility for The Meadows

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 Farmville but actual income limits may differ for units at The Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$23,350	$26,650	$30,000	$33,300
50%	$38,850	$44,400	$49,950	$55,500
80%	$62,200	$71,050	$79,950	$88,800

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 Farmville but actual income limits may differ for units at The Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$38,850	$44,400	$49,950	$55,500
Low Income (60%)	$46,620	$53,280	$59,940	$66,600

The Meadows Details

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

Property Amenities

Playground
On-Site Manager
Laundry Facilities
Smoke Free
High Speed Internet Access
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Cable Ready
Walk-in Closet(s)
Window Coverings
Refrigerator
Oven and Range
Heat and Air

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-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.