Gypsy Hill House is managed by TM Associates Management, Inc.
Welcome to Gypsy Hill House, an affordable, senior 62+ apartment community in Staunton, VA. This community offers 2-bedroom apartments that meet ADA regulations with convenient apartment features. Outside the community you'll enjoy being within walking distance of Fresco, Arch Rock Tea Room, Jiffee Mart, Gypsy Hill Park, and more!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 564 | Call for Price |
Two Bedroom (2/1) | 782 | 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 a HUD rental assistance program in Staunton but actual income limits may differ for units at Gypsy Hill House.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $17,750 | $20,250 | $24,860 | $30,000 |
50% | $29,550 | $33,750 | $37,950 | $42,150 |
80% | $47,250 | $54,000 | $60,750 | $67,450 |
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 Staunton but actual income limits may differ for units at Gypsy Hill House.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $29,550 | $33,750 | $37,950 | $42,150 |
Low Income (60%) | $35,460 | $40,500 | $45,540 | $50,580 |
Day | Hours |
---|---|
Monday | 8:00am-4:00pm |
Tuesday | 8:00am-4:00pm |
Wednesday | 8:00am-4:00pm |
Thursday | 8:00am-4:00pm |
Friday | 8:00am-4:00pm |
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.
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.