Rivermont Apartments

1446 Fayette St, Martinsville, Virginia 24112

Contact Rivermont Apartments

Eligibility for Rivermont Apartments

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 Martinsville but actual income limits may differ for units at Rivermont Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,850	$19,720	$24,860	$30,000	$35,140	$40,280	$43,800	$46,600
50%	$24,750	$28,250	$31,800	$35,300	$38,150	$40,950	$43,800	$46,600
80%	$39,550	$45,200	$50,850	$56,500	$61,050	$65,550	$70,100	$74,600

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 Martinsville but actual income limits may differ for units at Rivermont Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$24,750	$28,250	$31,800	$35,300	$38,150	$40,950	$43,800	$46,600

Rivermont Apartments Details

99 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.