Northway Apartments is managed by Community Housing Partners.
At Northway Apartment Homes, we are all about our residents! Our beautiful community is home to 72 households that have moderate incomes, but want exceptional service and amenities. Residents love our modern one, two and three bedroom apartments and the care we took to make sure they are comfortable and energy efficient. Residents also love having their own patio or balcony, fully equipped kitchens and convenient laundry centers on-site.
Our Community Center is a favorite as well. Residents can participate in a variety of games, activities and services that include education, training and youth programs. Local religious, civic and city / county representatives collaborate with our professional on-site staff to provide fun and interesting opportunities for our residents. Our residents also enjoy time out-of-doors at one of our playgrounds, our picnic and sitting areas or walking path.
We hope you will visit Northway Apartment Homes and find out why our residents enjoy living here. Please call today for your personal tour!
On-Site Amenities
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | Call for Price |
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 Galax but actual income limits may differ for units at Northway Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $14,850 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 |
50% | $24,750 | $28,250 | $31,800 | $35,300 | $38,150 | $40,950 |
80% | $39,550 | $45,200 | $50,850 | $56,500 | $61,050 | $65,550 |
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 Galax but actual income limits may differ for units at Northway Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $24,750 | $28,250 | $31,800 | $35,300 | $38,150 | $40,950 |
Low Income (60%) | $29,700 | $33,900 | $38,160 | $42,360 | $45,780 | $49,140 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.