The Park at Ridgedale

5001 Ridgedale Parkway #107, Richmond, Virginia 23234

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The Park at Ridgedale is managed by TM Associates Management, Inc.

Welcome to The Park at Ridgedale, where senior living has just reached new heights in Richmond, VA. Immerse yourself in the epitome of 55+ independent living at its finest. The Park at Ridgedale is designed to exceed your expectations, offering a maintenance-free lifestyle that allows you to embrace a renewed sense of freedom.

This community is a well-kept secret waiting for you to discover. Picture yourself surrounded by the tranquility of the beautifully landscaped courtyard, where you can relax with neighbors or participate in resident activities in the spacious 2,000 sq ft. community room. If you crave some quiet time, unwind in the library or break a sweat in the wellness center. Treat yourself to a pampering session in the on-site beauty salon and barber shop – your every need is catered to at The Park at Ridgedale.

Conveniently located to grocery stores, area hospitals, and more, The Park at Ridgedale ensures you have easy access to all essentials. Chesterfield County welcomes you to a vibrant 55+ senior living community. Come experience the unparalleled lifestyle offered by The Park at Ridgedale.

The Park at Ridgedale is a senior community that offers a selection of 1- and 2-bedroom apartments to residents that are 55 years of age or older, have a household income that is no more than 60% of the area's median income (AMI), and who meet the following criteria.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - From $1,266

Eligibility for The Park at Ridgedale

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 The Park at Ridgedale.

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

The Park at Ridgedale Details

  • 120 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Fitness Center
  • BBQ and Picnic Area
  • Community Room
  • On-Site Manager
  • Off-Street Parking
  • Resident Service Coordinator
  • On-Site Maintenance
  • High Speed Internet Access
  • Courtyard
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer and Dryer Hookup
  • Cable Ready
  • Carpet
  • Scenic View
  • Water Trash and Sewer Included
  • Balconies or Patios Available
  • Energy Efficient Appliances
  • Large Closets

Office Hours

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

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