Crossings at Fourth and Preston

401 4th St NW, Charlottesville, VA 22903

Waiting List Forecast: Open Soon

check_circleVerified for 2024 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Information

Treesdale, The Crossing and Crozet Meadows Waiting List

Go to the public housing authority page for this waiting list >>

The Crossings represents the Charlottesville area’s first permanent supportive housing community for formerly homeless individuals.  It’s also a mixed-income community in which 30 of the 60 studio apartments are designated for individuals who may not have experienced homelessness but whose incomes are 50 percent or less of the area median income.

Dave's Thoughts On Crossings at Fourth and Preston

Because Crossings at Fourth and Preston participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Crossings at Fourth and Preston Amenities

  • Fitness Center
  • Community Room
  • On-Site Social Services
  • Laundry Facilities
  • Computer Room
  • Community Kitchen

Income Qualification for Crossings at Fourth and Preston

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $23,350 / year $26,650 / year $30,000 / year $33,300 / year $36,000 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $38,850 / year $44,400 / year $49,950 / year $55,500 / year $59,950 / year $64,400 / year $68,850 / year $73,300 / year
50% AMI for PBRA Units $38,850 / year $44,400 / year $49,950 / year $55,500 / year $59,950 / year $64,400 / year $68,850 / year $73,300 / year
60% AMI for LIHTC Units $46,620 / year $53,280 / year $59,940 / year $66,600 / year $71,940 / year $77,280 / year $82,620 / year $87,960 / year
80% AMI for PBRA Units $62,200 / year $71,050 / year $79,950 / year $88,800 / year $95,950 / year $103,050 / year $110,150 / year $117,250 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Crossings at Fourth and Preston

Does Crossings at Fourth and Preston have a waiting list?

Crossings at Fourth and Preston has a waiting list. See above for waiting list details.

Are rents subsidized at Crossings at Fourth and Preston?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Crossings at Fourth and Preston, how many other affordable housing properties (and units) are there in Charlottesville?

In addition to Crossings at Fourth and Preston, we list 36 other affordable properties in Charlottesville. Learn about these properties here. Our data research shows that there are a total of 2492 affordable units in Charlottesville.

When was the Crossings at Fourth and Preston listing last updated?

Crossings at Fourth and Preston listing on Affordable Housing Online was last updated on 04/23/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.