Honeytree Apartments is managed by Community Housing Partners.
Honeytree is located in South Boston, situated on Virginia’s southern border, 60 miles from Lynchburg, Martinsville, and Durham, North Carolina. The community has 48 one (1) and two (2) bedroom units rented to families and individuals earning at or below 60% of the area median income
The extensive rehabilitation of Honeytree includes new siding, new kitchen cabinets, all new plumbing fixtures and 40-year shingles. Environmentally responsible upgrades include energy efficient windows and ENERGY STAR appliances in the majority of units.
The community’s new playground was installed by CHP employees and partners as part of CHP’s National NEIGHBORWORKS Week project. Each year CHP staff and partners join thousands of residents, business leaders, government officials, and community members in a week of neighborhood change and awareness.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
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 South Boston but actual income limits may differ for units at Honeytree Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $24,850 | $28,400 | $31,950 | $35,500 |
Low Income (60%) | $29,820 | $34,080 | $38,340 | $42,600 |
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.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.