Frank Roane Apts.

Overview

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Frank Roane Apartments is a distinguished affordable housing community designed specifically for low-income elderly individuals, age 62 and older. This noteworthy establishment is conveniently located on the bus line, providing residents with easy access to transportation. The development prides itself on creating a supportive and comfortable environment where seniors can enjoy their golden years with dignity and independence.

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The apartments offer a blend of comfort, style, and convenience to ensure a high quality of life for its residents. Each of the 26 apartments is designed with the needs of seniors in mind, offering features that promote ease of living and peace of mind. Residents have access to Section 8 apartments, with income-based rent options available, making comfortable living affordable and accessible.

Amenities and Features

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Income-based rent through Section 8 housing
Conveniently located on the bus line for easy transportation
On-site amenities tailored for senior living
Secure entry and safety features for peace of mind
Community spaces for socializing and activities
Access to resources and support services for seniors

Sources

Frank Roane Apts. Location

Address: 900 Federal St, Lynchburg, VA 24504

Phone: 434-847-9059

Website: https://lcfhousing.org/roane/

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About Lynchburg, Virginia

Lynchburg, a city located in the state of Virginia (VA), is home to a population of approximately 128,849 people. Lynchburg boasts a median age of 28.4, with around 18.9% of its residents aged 60 or above. 6.4% of the population identifies as US Veterans. 12.8% of Lynchburg residents are disabled. The city has an average household income of $56,243, while the unemployment rate stands at 5.4%, and around 17.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Lynchburg is $195,717, with a monthly rent averaging $972.

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About Senior Apartments

It's not just about convenience and affordability; it's about creating a fulfilling lifestyle. Senior apartments are constructed, maintained, and updated to accommodate the 55-plus community. Often age-restricted, senior apartments are designed with accessibility in mind. One to two-bedroom units are standard as well as senior-friendly comfort and amenities. Senior apartments are great for retired adults who want to downsize but still have a social life. Apartment living is appealing to those who dislike yard work or home maintenance. It's also a great option for retired travelers who want peace of mind while away from home. Residents save money with lower expenses because they often include utilities and don't require property taxes.

Types of Senior Apartments

Affordable Senior Apartments - Retirees with low income may be eligible for cheap senior living apartments provided by government housing programs. These apartments are cheaper than usual. The eligibility to rent them depends on factors such as income, family size, and the average income in the area. Keep in mind that services or amenities in low-income senior apartments may be more limited.

Market Rate Senior Apartments - Market-rate senior apartments do not have income limits. Pricing is competitive and based on comparable housing options in the surrounding area. These apartments often come with amenities like community dining, housekeeping, and even transportation services.

Luxury Senior Apartments - Luxury apartments are generally larger, offering up to 2,000 square feet of living space, and boast a wide range of upscale amenities and community activities for their residents. Many luxury apartments are situated within gated communities. The cost of living in these apartments can be quite high, with entrance fees alone often reaching six figures.