The Woodlands

1327 Pinefrost Ct, Richmond, Virginia 23231

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Eligibility for The Woodlands

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 The Woodlands.

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

The Woodlands Details

  • 100 bedroom units.
  • Rental Assistance Payments (RAP)
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
  • Section 236
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.

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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