151 Old Buckroe Rd, Hampton, VA 23663
Waiting List Forecast: Likely Short or None
Verified for 2024 by Lorena Bentley, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 782 - 1,207 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.
The Woodlands at Phoebus offer spacious 1-bedroom and 2 bedroom apartment homes for seniors age 62 and older. Each unit comes cable ready and features bright open kitchens with a breakfast bar area, central heat and air, in-unit washer/dryer, slip resistant tubs & bathroom grab bars, and a private patio or balcony. Cable and water utilities are included in the rent. Property amenities include a fitness center, business center, meeting room, elevators, media room, library, arts & crafts room, and lush landscaped grounds with covered porches.
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 The Woodlands at Phoebus 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 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these 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 very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| The Mallory (1/1) | 782ft2 | Call for Price† |
| The Hope (2/1.5) | 1117ft2 | Call for Price† |
| The Howard (2/2) | 1207ft2 | Call for Price† |
| The Curry (2/1) | 965ft2 | Call for Price† |
| The Mellen (2/1.5) | 965ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year |
| 50% AMI for PBRA Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year |
| 60% AMI for LIHTC Units | $41,580 / year | $47,520 / year | $53,460 / year | $59,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Woodlands at Phoebus have a waiting list?
The Woodlands at Phoebus 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 The Woodlands at Phoebus?
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 The Woodlands at Phoebus?
The Woodlands at Phoebus is managed by The Franklin Johnston Group headquartered in Virginia Beach, VA.
In addition to The Woodlands at Phoebus, how many other affordable housing properties (and units) are there in Hampton?
In addition to The Woodlands at Phoebus, we list 87 other affordable properties in Hampton. Learn about these properties here. Our data research shows that there are a total of 2628 affordable units in Hampton.
When was the The Woodlands at Phoebus listing last updated?
The Woodlands at Phoebus listing on Affordable Housing Online was last updated on 06/13/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
211 Marcella Rd, Hampton, Virginia 23666
105 E Lakeshore Dr, Hampton, Virginia 23666
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