Henrico Arms Apartments

1664 Henrico Arms Place, Richmond, Virginia 23231

Contact Henrico Arms Apartments

Located in Richmond, Virginia, Henrico Arms is a recently remodeled apartment community offering one, two, and three bedroom apartments for rent. Professionally managed by Housing Management Resources, Inc., Henrico Arms offers residents an array of amenities, including community laundry facilities, complimentary utilities, beautiful landscaping, a fun filled playground, off street parking, and 24 hour emergency maintenance service. Henrico Arms is conveniently located near public transportation, as well as I-95, so places like downtown Richmond, home to a variety of options for dining, shopping, and entertainment, including Richmond’s Landmark Theatre, are never far away! Henrico Arms is also within walking distance of local parks and recreation facilities. Contact our on site staff to schedule a tour of your new home at Henrico Arms today!

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	759	Income Based
Two Bedroom (2/1)	851	Income Based
Three Bedroom (3/1)	984	Income Based

Eligibility for Henrico Arms 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 Henrico Arms Apartments.

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

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 Henrico Arms Apartments.

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

Henrico Arms Apartments Details

232 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Playground
Off Street Parking
Laundry Facilities
24 Hour Maintenance
Beautiful Landscape

Unit Amenities

Utilities Included
Energy Efficient Appliances
Accent Walls
Custom Blinds
Wall-to-Wall Carpeting

Nearby Amenities

Close to Public Transportation
Nearby Parks and Recreation

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.

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.