813 Campbell Avenue, Portsmouth, OH 45662
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $610 - 725 per Month† | 1 - 2 Beds | 1 - 1.5 Bath | 642 - 829 Sq Ft |
This property is currently under construction.
Currently under construction.
Coming soon - Portsmouth Senior Lofts! This beautiful community will feature one and two bedroom apartment homes designed for residents 55 and over. Each spacious floor plan will include modern amenities you would expect to find in a luxury home, at affordable rental rates: a fully-equipped kitchen with energy-efficient appliances, ceiling fans, central air conditioning, and full-size washer/dryer connections! The common space will provide comforts of contemporary living which include computer workstations and a community room with a kitchenette and dining area where residents can enjoy the companionship of friends and family; there will also be a picnic area and grill to enjoy the outdoors of Portsmouth Senior Lofts.
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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Portsmouth Senior Lofts does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 642ft2 | $610† |
| Two Bedroom (2/1.5) | 829ft2 | $725† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year |
| 50% AMI for PBRA Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year |
| 60% AMI for LIHTC Units | $32,940 / year | $37,680 / year | $42,360 / year | $47,040 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Portsmouth Senior Lofts have a waiting list?
Portsmouth Senior Lofts probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Portsmouth Senior Lofts?
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.
What property management company manges Portsmouth Senior Lofts?
Portsmouth Senior Lofts is managed by Pivotal (formally MVAH Partners) headquartered in West Chester, OH.
In addition to Portsmouth Senior Lofts, how many other affordable housing properties (and units) are there in Portsmouth?
In addition to Portsmouth Senior Lofts, we list 16 other affordable properties in Portsmouth. Learn about these properties here. Our data research shows that there are a total of 1150 affordable units in Portsmouth.
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