Freedom Lane

468 Peppers Ferry Rd, Wytheville, Virginia 24382

Freedom Lane offers permanent supportive housing in Wytheville for unhoused and disabled veterans. The community consists of fully accessible 1-bedroom and 2-bedroom garden apartment homes. Each unit features a fully equipped kitchen, in-unit washer/dryer, and water included in the rent. There is a community building on the property where residents can connect with their neighbors and access a comprehensive array of services that have been coordinated on their behalf. A variety of amenities are adjacent to Freedom Lane including the Wytheville Community Center, Wytheville Community College, and the community-based Outpatient Clinic of Veterans Administration Hospital in Salem. Additionally, the property lies almost equidistant between two VA Hospitals: Salem and Mountain Home. The location is also close to restaurants, retail, churches, grocery stores, and a bus transit stop.

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

Eligibility for Freedom Lane

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 Wytheville but actual income limits may differ for units at Freedom Lane.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$15,150	$19,720	$24,860	$30,000
50%	$25,200	$28,800	$32,400	$36,000

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 Wytheville but actual income limits may differ for units at Freedom Lane.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$25,200	$28,800	$32,400	$36,000
Low Income (60%)	$30,240	$34,560	$38,880	$43,200

Freedom Lane Details

24 one and two bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Energy Efficient Design
Accessible Apartments
Community Center

Unit Amenities

Handicapped Accessible
Dishwasher
Water Included
Fully Equipped Kitchen
Washer and Dryer Included

Nearby Amenities

Close to Shopping
Near Church
Near Restaurants
Close to Grocery Stores

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.