Cavalier Farms Senior Apartments

50 Cavalier Drive, Petersburg, Virginia 23805

Contact Cavalier Farms Senior Apartments

Cavalier Senior Apartments offer affordable 1-bedroom and 2-bedroom apartment homes for seniors age 62 and older. Residents enjoy monthly and weekly activities as well as access to a community room, business center, media center, fitness center, and community gardens. Cavalier is an affordable independent living senior community with income restrictions.

Unit (Bd/Ba)	Ft²	Rent
One Bed One Bath (1/1)	-	Call for Price
Two Bedroom One Bath (2/1)	-	Call for Price

Eligibility for Cavalier Farms Senior 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 Petersburg but actual income limits may differ for units at Cavalier Farms Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$37,350	$42,650	$48,000	$53,300
Low Income (60%)	$44,820	$51,180	$57,600	$63,960

Cavalier Farms Senior Apartments Details

80 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Fitness Center
Computer Lab
Business Center
Laundry Room
Gazebo
Community Garden

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.