Mountainview Terrace

1 Thompson Ct, Lexington, Virginia 24450

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Eligibility for Mountainview Terrace

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 Lexington but actual income limits may differ for units at Mountainview Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,200 $19,720 $24,860 $30,000 $35,140 $40,280 $44,900 $47,800
50% $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450

Mountainview Terrace Details

  • 40 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

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.

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