Luray Village

111 Sixth Street, Luray, Virginia 22835

Contact Luray Village

Luray Village is an affordable apartment community for prospects 62+ and/or disabled individuals/families located in Luray, Virginia that offers 1- and 2-bedroom apartments. The community is conveniently located walking distance to fresh pastries and coffee from Gathering Grounds Patisserie, mouth watering cuisine from East Wok and a local Farmer's Market. Jump in a car for a quick drive to the Luray Hawksbill Greenway, the George Washington National Forest or the Shenandoah National Park.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	597	Call for Price
Two Bedroom (2/1)	782	Call for Price

Eligibility for Luray Village

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 Luray but actual income limits may differ for units at Luray Village.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$15,300	$19,720	$24,860	$30,000
50%	$25,450	$29,100	$32,750	$36,350
80%	$40,700	$46,500	$52,300	$58,100

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 Luray but actual income limits may differ for units at Luray Village.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$25,450	$29,100	$32,750	$36,350
Low Income (60%)	$30,540	$34,920	$39,300	$43,620

Luray Village Details

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

Property Amenities

Off-Street Parking
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Window Coverings
Carpet
Refrigerator
Large Closets

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.