Place One

4265 Sprenkle Ln, Richmond, Virginia 23228

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Eligibility for Place One

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 Place One.

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 Place One.

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

Place One Details

  • 114 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
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.

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