Newport Heights Apartmemts

59 John H Chafee Blvd, Newport, Rhode Island 2840

Newport Heights Apartmemts, located at 59 John H Chafee Blvd in Newport, has one, two, three, four and five bedroom apartments. Newport Heights Apartmemts participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price
4 Bedroom (4/1) - Call for Price
5 Bedroom (5/1) - Call for Price

Newport Heights Apartmemts Details

  • 22 one, two, three, four and five bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Pet Friendly

About Newport Heights Apartmemts

Newport Heights is a mixed-income development located on Aquidneck Island, where beautiful beaches reign and shorelines enchant. It is near the Newport Naval Base and just minutes away from the famed “Summer Cottages” built in the 19th century on Bellevue Avenue — The Breakers, The Elms, Chateau-sur-Mer, Marble House, and more.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Newport Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Newport but actual income limits may differ for units at Newport Heights Apartmemts.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
Low Income (60%) $34,440 $39,360 $44,280 $49,140 $53,100 $57,060 $60,960 $64,920

Newport Heights Apartmemts was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Newport Heights Apartmemts is managed by Trinity Management.

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