Cambridge Square Chesapeake

704 Gainsborough Ct, Chesapeake, VA 23320

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2021 by Gene B. Glick Marketing, Colleen Carter

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

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Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Cambridge Square Apartments is in Chesapeake, Virginia and is an affordable community for residents 62+ years of age or disabled. Our community is a federally subsidized apartment community with rents and eligibility are determined by government regulations. We offer one bedroom apartment homes featuring spacious closets, partially fenced patios or cafe-style balconies, and free water and sanitation utilities. Cambridge Square is within walking distance to restaurants, shopping and banks and offers several community amenities, including a gazebo on a pond, picnic area, Service Coordinator, a recreation room for events, and 24-hour emergency maintenance service. This community is managed by the Gene B. Glick Company.

Dave's Thoughts On Cambridge Square Chesapeake

Since Cambridge Square Chesapeake participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. 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. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Cambridge Square Chesapeake

*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	$20,800 / year	$23,800 / year	$26,750 / year	$30,000 / year	$35,140 / year	$40,280 / year	$45,420 / year	$50,560 / year
50% AMI for LIHTC Units	$34,650 / year	$39,600 / year	$44,550 / year	$49,500 / year	$53,500 / year	$57,450 / year	$61,400 / year	$65,350 / year
50% AMI for PBRA Units	$34,650 / year	$39,600 / year	$44,550 / year	$49,500 / year	$53,500 / year	$57,450 / year	$61,400 / year	$65,350 / year
80% AMI for PBRA Units	$55,450 / year	$63,400 / year	$71,300 / year	$79,200 / year	$85,550 / year	$91,900 / year	$98,250 / year	$104,550 / year

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

FAQs for Cambridge Square Chesapeake

Does Cambridge Square Chesapeake have a waiting list?

Cambridge Square Chesapeake 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 Cambridge Square Chesapeake?

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 Cambridge Square Chesapeake?

Cambridge Square Chesapeake is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.

In addition to Cambridge Square Chesapeake, how many other affordable housing properties (and units) are there in Chesapeake?

In addition to Cambridge Square Chesapeake, we list 84 other affordable properties in Chesapeake. Learn about these properties here. Our data research shows that there are a total of 4828 affordable units in Chesapeake.