| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year | $53,500 / year | $57,450 / year |
| 50% AMI for PBRA Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year | $53,500 / year | $57,450 / year |
| 60% AMI for LIHTC Units | $41,580 / year | $47,520 / year | $53,460 / year | $59,400 / year | $64,200 / year | $68,940 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Hamilton Place is an 84-unit development that was constructed using 4% Low Income Housing Tax Credits and Virginia Housing Development Authority loans and Tax Exempt Bonds. The development has 12 one-bedroom, 60 two-bedroom, and 12 three-bedroom units. All the units have project-based Housing Choice Voucher assistance. The development was completed in November 30, 2010.
Hamilton Place II:
Hamilton Place II received a competitive 9% Low Income Housing Tax Credit allocation in 2011 and constructed an additional 84 family units with 28 of those being project-based Housing Choice Vouchers. The development has 12 one-bedroom, 60 two-bedroom, and 12 three-bedroom units.
