Welcome To Maplewood Apartments
Come home to a beautiful Chesapeake apartment home
Imagine space, luxury, location and value all in one apartment community! Nestled in the heart of Chesapeake, Virginia, Maplewood Apartments offers an exciting alternative in apartment living for people with limited incomes. Our community provides quality and energy efficient apartment homes that are priced below comparable housing in Chesapeake.
Last updated on February 24th, 2017
|Two Bedroom One Bath 1st floor (2/1)||875||$855|
|Two Bedroom One Bath 2nd floor (2/1)||875||$855|
|Three Bedroom Two Bath (3/2)||1200||$1,018|
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.
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 Chesapeake but actual income limits may differ for units at Maplewood.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$28,900||$33,000||$37,150||$41,250||$44,550||$47,850||$51,150||$54,450|
|Low Income (60%)||$34,680||$39,600||$44,580||$49,500||$53,460||$57,420||$61,380||$65,340|
Maplewood is managed by Grady Management Inc..