19761 Ashburn Rd, Ashburn, VA 20147
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Lorena Bentley, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,695 - 2,351 per Month† | 1 - 3 Beds | 1 - 2 Baths | 606 - 993 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.
Ashburn Chase is a Luxury Affordable Tax Credit Apartment Community. This community offers 1-, 2-, and 3-bedroom apartment homes and serves as an affordable option for prospective residents whose income falls between 60% of the Average Median Income. Student, minimum and maximum income restrictions apply and are dependent upon household size.
This community caters to residents who make between 60% of the Area Median Income (AMI) and does require income verification.
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 Ashburn Chase 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 606ft2 | $1,695† |
| Two Bedroom (2/2) | 871ft2 | $2,035† |
| Three Bedroom (3/2) | 993ft2 | $2,351† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year | $81,400 / year | $87,450 / year |
| 50% AMI for PBRA Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year | $81,400 / year | $87,450 / year |
| 60% AMI for LIHTC Units | $63,300 / year | $72,360 / year | $81,420 / year | $90,420 / year | $97,680 / year | $104,940 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ashburn Chase Apartments have a waiting list?
Ashburn Chase 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 Ashburn Chase 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 Ashburn Chase Apartments?
Ashburn Chase Apartments is managed by TM Associates Management, Inc headquartered in Rockville, Maryland.
In addition to Ashburn Chase Apartments, how many other affordable housing properties (and units) are there in Ashburn?
In addition to Ashburn Chase Apartments, we list 8 other affordable properties in Ashburn. Learn about these properties here. Our data research shows that there are a total of 1005 affordable units in Ashburn.
When was the Ashburn Chase Apartments listing last updated?
Ashburn Chase Apartments listing on Affordable Housing Online was last updated on 04/09/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Housing options for immigrants.
Some housing programs do not have a citizenship requirement, such as Low-Income Housing Tax Credit apartments.Jacqueline Armstrong Sanders says:
"Affordable Housing Online is a great website to search for affordable housing nationwide."