Wesley Apartments

1201 Long Meadows Dr, Lynchburg, Virginia 24502

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Message Wesley Apartments

Wesley Apartments is managed by Amurcon Realty Co.

Affordable housing community for active seniors 55 years of age and older. Our apartment homes offer lovely views in a park like setting. Shopping and entertainment are a short ride away.

 

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Eligibility for Wesley Apartments

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 Lynchburg but actual income limits may differ for units at Wesley Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,050 $33,200 $37,350 $41,500 $44,850 $48,150 $51,500 $54,800
Low Income (60%) $34,860 $39,840 $44,820 $49,800 $53,820 $57,780 $61,800 $65,760

Wesley Apartments Details

  • 150 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Community Room
  • Organized Activities
  • 24 Hour Maintenance
  • On Bus-line
  • Picnic Area

Unit Amenities

  • Oven and Range
  • Frost-Free Refrigerator
  • Wall-to-Wall Carpeting
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.

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