River Trace Apartments

100 River Trace Way , Newport News, VA 23602

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	-

Call (757) 989-0710 Email

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.

Smart living starts at River Trace Apartment Homes. Smart in design, offering modern one (1) and two (2) bedroom apartment homes that don’t skimp on space, efficiency or comfort. Recent upgrades include a fun-filled playground, beautiful landscaping and aesthetic improvements that make River Trace feel even more like home. Smart in location, sitting just off the cross roads of Bland Boulevard and Warwick Boulevard in Newport News, River Trace is convenient to everything. Schools, shopping, entertainment and recreation are within a few blocks and major highways and byways are only minutes away. Smart in affordability, with rents below the average so that those individuals and families with moderate incomes can afford to live comfortably. Energy efficiency has been integrated into every home at River Trace with the recent addition of efficient appliances, fixtures and HVAC systems. We also include water, sewer and trash in your monthly rent – You’ll save money every month!

We invite you to take the next step and call River Trace Apartment Homes today to schedule a personal tour. We would be happy to show you why River Trace would make a smart choice for your next apartment home.

Dave's Thoughts On River Trace Apartments

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 River Trace 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. 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

River Trace Apartments Amenities

Playground
24hr Emergency Maintenance
Laundry Centers
Landscaping
Private Patio and Balcony
Convenient Location

Units at River Trace Apartments

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price^†
2 Bedroom (2/1)	-	Call for Price^†

Income Qualification for River Trace Apartments

*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
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.

FAQs for River Trace Apartments

Does River Trace Apartments have a waiting list?

River Trace 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 River Trace 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 River Trace Apartments?

River Trace Apartments is managed by Community Housing Partners headquartered in Christiansburg, Virginia.

In addition to River Trace Apartments, how many other affordable housing properties (and units) are there in Newport News?

In addition to River Trace Apartments, we list 160 other affordable properties in Newport News. Learn about these properties here. Our data research shows that there are a total of 8808 affordable units in Newport News.