Virginia

Tax credit apartments in Lynchburg, VA

HUD's database lists 25 properties in Lynchburg built or rehabbed with low-income housing tax credits: 1,637 apartments, 1,489 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

613 Monroe St

613 Monroe St, Lynchburg, VA 24504

Apartments
2
Income-restricted
2
Placed in service
1991

Armstrong Place

1721 Monsview Place, Lynchburg, VA 24504

18 1BR, 10 2BR

Apartments
28
Income-restricted
28
Placed in service
2016

Burton Creek Apartments

679 Leesville Rd, Lynchburg, VA 24502

69 2BR, 16 3BR

Apartments
85
Income-restricted
84
Placed in service
2019

Central City Homes

451 Rivermont Ave, Lynchburg, VA 24504

9 1BR, 18 2BR, 9 3BR, 1 4BR

Apartments
37
Income-restricted
13
Placed in service
2005

College Hill Homes

517 Madison St, Lynchburg, VA 24504

2 1BR, 17 2BR, 3 3BR, 6 4BR

Apartments
28
Income-restricted
28
Placed in service
2004

Engel Historic Properties

601 Jackson St, Lynchburg, VA 24504

Apartments
28
Income-restricted
8
Placed in service
1989

Frank Roane

900 Federal Street, Lynchburg, VA 24505

HUD lists it as senior housing · 1 studio, 21 1BR, 4 2BR

Apartments
26
Income-restricted
26
Placed in service
2015

Gateway

300 12th St, Lynchburg, VA 24504

24 1BR

Apartments
24
Income-restricted
24
Placed in service
1999

Hilltop Homes

2005 Grace St, Lynchburg, VA 24504

10 2BR, 12 3BR, 2 4BR

Apartments
24
Income-restricted
24
Placed in service
2012

James Crossing

808 Greenfield Dr, Lynchburg, VA 24501

36 1BR, 143 2BR, 108 3BR

Apartments
288
Income-restricted
288
Placed in service
2005

Jefferson House Senior

1818 Langhorne Sq, Lynchburg, VA 24501

HUD lists it as senior housing · 101 1BR

Apartments
101
Income-restricted
98
Placed in service
2005

Jobbers Overall

1423 Kemper St, Lynchburg, VA 24501

21 2BR, 23 3BR

Apartments
44
Income-restricted
44
Placed in service
2013

Kemper Lofts

1401 Kemper St, Lynchburg, VA 24501

15 1BR, 18 2BR, 8 3BR

Apartments
41
Income-restricted
41
Placed in service
2010

Lynchburg High

1301 Park Ave, Lynchburg, VA 24501

38 1BR, 17 2BR, 13 3BR, 6 4BR

Apartments
74
Income-restricted
74
Placed in service
2012

Meadows Apts (Lynchburg City)

2700 Yorktown Ave, Lynchburg, VA 24501

7 1BR, 29 2BR, 24 3BR, 6 4BR

Apartments
66
Income-restricted
66
Placed in service
2014

Miller's Rest I

6125 Old Mill Road, Lynchburg, VA 24502

16 1BR, 48 2BR, 16 3BR

Apartments
80
Income-restricted
80
Placed in service
2023

Miriam's House

409 Magnolia St, Lynchburg, VA 24503

13 1BR

Apartments
13
Income-restricted
13
Placed in service
1995

Old Forest Village

2550 Anthony Place, Lynchburg, VA 24501

7 studio, 11 1BR, 10 2BR

Apartments
28
Income-restricted
28
Placed in service
2018

Shalom

710 Federal St, Lynchburg, VA 24504

11 1BR, 23 2BR, 12 3BR

Apartments
46
Income-restricted
46
Placed in service
2014

Timber Ridge Crossing

7500 Timberlake Rd, Lynchburg, VA 24502

12 1BR, 60 2BR, 24 3BR

Apartments
96
Income-restricted
96
Placed in service
2009

Timber Ridge II

7502 Timberlake Rd, Lynchburg, VA 24502

12 1BR, 42 2BR, 18 3BR

Apartments
72
Income-restricted
72
Placed in service
2010

Tinbridge Manor

701 Hollins St, Lynchburg, VA 24504

HUD lists it as senior housing · 47 1BR, 9 2BR

Apartments
56
Income-restricted
56
Placed in service
2002

Victoria Ridge

840 Victoria Ave, Lynchburg, VA 24504

16 1BR, 8 2BR

Apartments
24
Income-restricted
24
Placed in service
2012

Vistas At Dreaming Creek

7612 Timberlake Rd, Lynchburg, VA 24502

16 1BR, 144 2BR, 16 3BR

Apartments
176
Income-restricted
76
Placed in service
2002

Wesley

1201 Long Meadows Dr, Lynchburg, VA 24502

HUD lists it as senior housing · 36 studio, 78 1BR, 36 2BR

Apartments
150
Income-restricted
150
Placed in service
2007

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.