The Village at Rockbridge

60 Willow Springs Rd, Lexington, Virginia 24450

Contact The Village at Rockbridge

The Village at Rockbridge offers affordable 2-bedroom, 3-bedroom, and 4-bedroom apartment homes right in the heart of the Shenandoah Valley in historic Lexington. Each unit features a fully-equipped kitchen, an open kitchen & living area, and large closets. Property amenities include a community room, on-site laundry room, and 24-hour emergency apartment maintenance.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	-	Up To $613
Three Bedroom (3/1)	-	Up To $741
Four Bedroom (4/2)	-	Up To $859

Eligibility for The Village at Rockbridge

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 The Village at Rockbridge.

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

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 Lexington but actual income limits may differ for units at The Village at Rockbridge.

AMI Band	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$29,000	$32,600	$36,200	$39,100	$42,000	$44,900	$47,800
Low Income (60%)	$34,800	$39,120	$43,440	$46,920	$50,400	$53,880	$57,360

The Village at Rockbridge Details

64 two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

Community Room
On-Site Manager
Laundry Room
24hr Emergency Maintenance
On-Site Laundry

Unit Amenities

Spacious floor plans
Large Closets

Office Hours

Day	Hours
Monday	8:30am-5:00pm
Tuesday	8:30am-5:00pm
Wednesday	8:30am-5:00pm
Thursday	8:30am-5:00pm
Friday	8:30am-5:00pm
Saturday	Closed
Sunday	Closed

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 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.