Cambridge Court Apartments is managed by TM Associates Management, Inc.
Welcome to Cambridge Court Apartments, an exceptional affordable senior living community nestled in the charming town of Grottoes, VA. Specifically designed for residents aged 62 and better or those with disabilities, this thriving apartment complex offers a cozy, 1-bedroom, garden-style living experience complete with a delightful front porch to savor the outdoors.
One of the many highlights of Cambridge Court is the pet-friendly policy, ensuring you can cherish the companionship of your beloved furry friends. Embrace the spirit of community in the comfortable gathering space or unwind outdoors beneath the welcoming gazebo, providing the perfect setting to connect with neighbors and friends.
Conveniently located, Cambridge Court Apartments offer easy access to local restaurants and shopping, making everyday errands a breeze. For enriching activities, a short drive will take you to the Price Rotary Senior Center and Preston Lake Marketplace, providing a host of engaging opportunities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | 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 Grottoes but actual income limits may differ for units at Cambridge Court Apartments.
AMI Band | 1 Person | 2 Person |
---|---|---|
30% | $17,750 | $20,250 |
50% | $29,550 | $33,750 |
80% | $47,250 | $54,000 |
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 Grottoes but actual income limits may differ for units at Cambridge Court Apartments.
AMI Band | 1 Person | 2 Person |
---|---|---|
Very Low Income (50%) | $29,550 | $33,750 |
Low Income (60%) | $35,460 | $40,500 |
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 |
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.
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.
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.