50 Prairie Avenue, Providence, RI 02905
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $791 - 1,340 per Month† | 1 - 4 Beds | 1 - 2 Baths | 576 - 1,296 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Choose from an array of floor plans including one and two bedroom flats and two, three and four bedroom townhouses in garden-style and mid-rise buildings on expansive grounds. Lockwood Plaza is located on the bus route, with easy access to local highways and the hospital. * *Lockwood Plaza accepts Section 8 certificates. Rental rates for certificate holders are at the approved agency amount. * *Affordable guidelines exclude full time students from applying.
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 Lockwood Plaza Apartments 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom High Rise (1/1) | 576ft2 | $791† |
| 1 Bedroom Flat Townhouse (1/1) | 576ft2 | $791† |
| 2 Bedroom Flat Townhouse (2/1) | 792ft2 | $895 $905† |
| 2 Bedroom High Rise (2/1) | 797ft2 | $895 $905† |
| 2 Bedroom Townhouse (2/1.5) | 864ft2 | $895 $905† |
| 3 Bedroom Townhouse (3/1.5) | 1080ft2 | $1,081† |
| 4 Bedroom Townhouse (4/2) | 1296ft2 | $1,340† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for LIHTC Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 50% AMI for PBRA Units | $35,850 / year | $41,000 / year | $46,100 / year | $51,200 / year | $55,300 / year | $59,400 / year | $63,500 / year | $67,600 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
| 60% AMI for LIHTC Units | $43,020 / year | $49,200 / year | $55,320 / year | $61,440 / year | $66,360 / year | $71,280 / year | $76,200 / year | $81,120 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lockwood Plaza Apartments have a waiting list?
Lockwood Plaza Apartments 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 Lockwood Plaza Apartments?
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 Lockwood Plaza Apartments?
Lockwood Plaza Apartments is managed by WinnCompanies headquartered in Boston, Massachusetts.
In addition to Lockwood Plaza Apartments, how many other affordable housing properties (and units) are there in Providence?
In addition to Lockwood Plaza Apartments, we list 186 other affordable properties in Providence. Learn about these properties here. Our data research shows that there are a total of 10057 affordable units in Providence.
500 Broad Street , Providence, Rhode Island 02905
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