Tidewater Townhomes

355 Greendale Drive, Wilmington, NC 28405

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2024 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$614 - 899 per Month 1 - 4 Beds 1 - 2 Baths 632 - 735 Sq Ft
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Set on a lovely tree lined street, with all the convenience of city living. Public transportation located at the front entrance. all schools from kindergarten to high schools are located near by. Come live with us and enjoy the wonderful downtown river and river walk. Three beaches are just a fifteen minute ride away. Life is always good here at Tidewater Townhomes!


“Our “Working Family Preference” means that a family with at least 1 working member (or if the head, co-head, or sole member is age 62 or older, or is a disabled person) will be given preference over all other nonworking applicants.”
Dave's Thoughts On Tidewater Townhomes

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Tidewater Townhomes has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Tidewater Townhomes Amenities

  • Playground
  • Close to Public Transportation
  • Near Park
  • Near Schools
  • Laundry Room
  • 24hr Emergency Maintenance
  • Energy Efficient Appliances
  • Accent Walls
  • Custom Blinds
  • Wall-to-Wall Carpeting

Units at Tidewater Townhomes

Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) 632ft2 $614
2 BR (2/1) 675ft2 $703
3 BR (3/1.5) 701ft2 $899
4 BR (4/2) 735ft2 Rent is Based On Your Income

Income Qualification for Tidewater Townhomes

*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 $18,950 / year $21,650 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $31,600 / year $36,100 / year $40,600 / year $45,100 / year $48,750 / year $52,350 / year $55,950 / year $59,550 / year
50% AMI for PBRA Units $31,600 / year $36,100 / year $40,600 / year $45,100 / year $48,750 / year $52,350 / year $55,950 / year $59,550 / year
60% AMI for LIHTC Units $37,920 / year $43,320 / year $48,720 / year $54,120 / year $58,500 / year $62,820 / year $67,140 / year $71,460 / year
80% AMI for PBRA Units $50,550 / year $57,750 / year $64,950 / year $72,150 / year $77,950 / year $83,700 / year $89,500 / year $95,250 / year

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

FAQs for Tidewater Townhomes

Does Tidewater Townhomes have a waiting list?

Tidewater Townhomes probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Tidewater Townhomes?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Tidewater Townhomes?

Tidewater Townhomes is managed by Housing Management Resources headquartered in North Quincy, Massachusetts.

In addition to Tidewater Townhomes, how many other affordable housing properties (and units) are there in Wilmington?

In addition to Tidewater Townhomes, we list 142 other affordable properties in Wilmington. Learn about these properties here. Our data research shows that there are a total of 3582 affordable units in Wilmington.

When was the Tidewater Townhomes listing last updated?

Tidewater Townhomes listing on Affordable Housing Online was last updated on 06/07/2024 by Colleen Carter. 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.