Ashley Oaks Apartments

1402 Jennie Scher Rd, Richmond, Virginia 23231

Contact Ashley Oaks Apartments

Welcome to Ashley Oaks Apartments in Richmond, Virginia – your gateway to comfortable and affordable living. This community offers 1-, 2-, and 3-bedroom apartments, as well as 2-, 3-, and 4-bedroom townhomes for rent. At Ashley Oaks, most utilities are included in your rent, simplifying your monthly budget. The prime location in the vibrant Fulton neighborhood means you're just moments away from some of the area's best eateries, parks, and entertainment hotspots. Nestled on the east side of the James River, Ashley Oaks is just 4 miles away from the heart of Downtown Richmond, putting you at the center of all the action. Discover the comfort, convenience, and vibrant lifestyle that Ashley Oaks Apartments has to offer.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom Apartment (1/1)	-	Call for Price
Two Bedroom Apartment (2/1)	-	Call for Price
Two Bedroom Townhome (2/1)	-	Call for Price
Three Bedroom Apartment (3/1)	-	Call for Price
Three Bedroom Townhome (3/1.5)	-	Call for Price
Four Bedroom Townhome (4/1.5)	-	Call for Price

Eligibility for Ashley Oaks 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 Richmond but actual income limits may differ for units at Ashley Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$22,400	$25,600	$28,800	$32,000	$35,140	$40,280	$45,420	$50,560
50%	$37,350	$42,650	$48,000	$53,300	$57,600	$61,850	$66,100	$70,400
80%	$59,750	$68,250	$76,800	$85,300	$92,150	$98,950	$105,800	$112,600

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 Richmond but actual income limits may differ for units at Ashley Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$37,350	$42,650	$48,000	$53,300	$57,600	$61,850	$66,100	$70,400
Low Income (60%)	$44,820	$51,180	$57,600	$63,960	$69,120	$74,220	$79,320	$84,480

Ashley Oaks Apartments Details

250 one, two, three and four bedroom units.
Rental Assistance Payments (RAP)
Low-Income Housing Tax Credit (LIHTC)
Section 223

Property Amenities

Playground
On-Site Manager
Off-Street Parking
On-Site Maintenance
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Dishwasher
Cable Ready
Window Coverings
Refrigerator
Water Trash and Sewer Included
Balconies or Patios Available
Energy Efficient Appliances

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	By Appointment
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Rental Assistance Payments (RAP)

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

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.