3151 Kimball Terrace, Norfolk, VA 23504
Waiting List Forecast: Closed
Verified for 2019 by Lorena Bentley, Colleen Carter, Ric Gresia, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 3 Beds | 1 Bath | - |
This property is currently under construction.
Phase VI of this community is currently under construction.
Upon completion of Phase VI, 44 units of existing housing between Kimball Terrace and Kimball Loop will be demolished, and new housing will be constructed in this area. The new housing has not yet been designed.
Grandy Village Revitalization Low Income Housing Tax Credit Waiting List
The Norfolk Redevelopment and Housing Authority (NRHA) last accepted Low-Income Housing Tax Credit/Section 8 Project-Based Voucher waiting list applications for 4-Bedroom apartments at Grandy Village Revitalization from February 20, 2024, until March 19, 2024. There is no notice when this waiting list will reopen.
Please note: According to the NRHA, "Additional eligibility criteria:
There were two ways to apply while the waitlist was open:
Once the paper application was completed, it was to be either:
This waiting list has the following preferences:
It was not known how applicants were placed on the waiting list, weighed by order of preferences.
For more information, visit the NRHA website.
Sources: This information was verified by the NRHA waitlist page on February 21, 2024.
Go to the public housing authority page for this waiting list >>
Grandy Village is an affordable housing community close to the beautiful Elizabeth River. The community consist of duplexes, townhouse-style apartments, a recreation center and contains the Grandy Village Learning Center.
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 Grandy Village 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 Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price† |
Two Bedroom (2/1) | - | Call for Price† |
Three Bedroom (3/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
30% AMI for PBRA Units | $20,800 / year | $23,800 / year | $26,750 / year | $30,000 / year | $35,140 / year | $40,280 / year |
50% AMI for LIHTC Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year | $53,500 / year | $57,450 / year |
50% AMI for PBRA Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,500 / year | $53,500 / year | $57,450 / year |
60% AMI for LIHTC Units | $41,580 / year | $47,520 / year | $53,460 / year | $59,400 / year | $64,200 / year | $68,940 / year |
80% AMI for PBRA Units | $55,450 / year | $63,400 / year | $71,300 / year | $79,200 / year | $85,550 / year | $91,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Grandy Village have a waiting list?
Grandy Village has a waiting list. See above for waiting list details.
Are rents subsidized at Grandy Village?
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.
In addition to Grandy Village, how many other affordable housing properties (and units) are there in Norfolk?
In addition to Grandy Village, we list 208 other affordable properties in Norfolk. Learn about these properties here. Our data research shows that there are a total of 7988 affordable units in Norfolk.
1009 Middlesex St, Norfolk, Virginia 23523
851 Cedar St, Norfolk, Virginia 23523
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Kara Qualls says:
"Affordable Housing Online is a great way to receive affordable housing information in all 50 states!"