Arbor Lake

6850 Arbor Lake Dr, Chester, VA 23831

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Colleen Carter, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 643 - 1,025 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

Arbor Lake, Chester’s Spacious Lakefront Apartment Homes at an affordable price.

When you are searching for your new home, make your only stop into Arbor Lake and you’ll find the convenience and comfort in one of our one, two, or three bedroom homes.

After a long day, take a stroll on our scenic nature trail, take a dip in the sparkling swimming pool, work out in the fitness center or just relax on your private balcony or patio and enjoy Arbor Lake’s beautiful landscape.

Arbor Lake is convenient to major interstates and is also in the award winning Chesterfield County School district. Make Arbor Lake your first and only choice to call home.

Dave's Thoughts On Arbor Lake

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 Arbor Lake 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. 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. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Arbor Lake Amenities

  • Fitness Center
  • Playground
  • Clubhouse
  • Central Air
  • Spacious Closets
  • Water Included
  • Energy Efficient Design
  • Spacious floor plans
  • Stainless Steel Appliances
  • Laundry Facility
  • Swimming pool
  • Private Patio and Balcony
  • Full-Size Washer & Dryer Connections
  • Wall-to-Wall Carpeting
  • Newly Remodeled Kitchens

Units at Arbor Lake

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 643ft2 Call for Price
2 Bedroom (2/2) 880ft2 Call for Price
3 Bedroom (3/2) 1025ft2 Call for Price

Income Qualification for Arbor Lake

*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
50% AMI for LIHTC Units $37,350 / year $42,650 / year $48,000 / year $53,300 / year $57,600 / year $61,850 / year
50% AMI for PBRA Units $37,350 / year $42,650 / year $48,000 / year $53,300 / year $57,600 / year $61,850 / year
60% AMI for LIHTC Units $44,820 / year $51,180 / year $57,600 / year $63,960 / year $69,120 / year $74,220 / year

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

FAQs for Arbor Lake

Does Arbor Lake have a waiting list?

Arbor Lake 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 Arbor Lake?

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 Arbor Lake?

Arbor Lake is managed by The Franklin Johnston Group headquartered in Virginia Beach, VA.

In addition to Arbor Lake, how many other affordable housing properties (and units) are there in Chester?

In addition to Arbor Lake, we list 19 other affordable properties in Chester. Learn about these properties here. Our data research shows that there are a total of 627 affordable units in Chester.

Listings Near Arbor Lake

Iron Bridge Road Apartments

6700 Iron Creek Circle, Chester, Virginia 23821

bed 1-2
payment $1115/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Grand Oaks Senior

5301 Grand Oaks Forest Cir , Chester, Virginia 23831

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Terjo Lane Group Home

3807 Terjo Ln, Chester, Virginia 23831

payment Subsidized
accessibility Accessible
accessible_forward Disability

Robinson Park

370 Neff Avenue Unit J Suite 9, Chester, Virginia 23831

Chesterfield Gardens

2260 Golden Garden Cir, Chester, Virginia 23836

bed 2
payment $1428/mo.

River's Bend Apartment Homes

401 Liverpool Cir, Chester, Virginia 23836

bed 1-3
payment $1215-1745/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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