601 May Avenue, Norfolk, VA 23504
Waiting List Forecast: Closed
Verified for 2022 by Lorena Bentley, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $524 - 1,445 per Month† | 1 - 3 Beds | 1 - 2 Baths | 707 - 1,215 Sq Ft |
Market Heights Apartments and Holley Point Apartments Waiting List
Go to the public housing authority page for this waiting list >>
Market Heights Apartments are coming soon to Norfolk, VA. Market Heights will offer one, two, and three-bedroom apartments with upscale community amenities and apartment features including:
They anticipate accepting applications for Market Heights Apartments beginning Winter 2021. Please sign up for updates to receive updated application and leasing information as it becomes available.
INCOME RESTRICTIONS APPLY
ADA UNITS AVAILABLE FOR QUALIFIED APPLICANTS WITH DISABILITIES.
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 Market Heights 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Washington- One Bed (1/1) | 707ft2 | $524 $860† |
| Diggs-One Bath (1/1) | 707ft2 | $524 $860† |
| Young- One Bed (1/1) | 708ft2 | Call for Price† |
| Woodson- One Bed (1/1) | 708ft2 | $524 $860† |
| Bowser- Two Bed (2/2) | 1000ft2 | $622 $1,003† |
| Alston-Two Bed (2/2) | 951ft2 | $622 $1,003† |
| Wilder-Two Bed (2/2) | 951ft2 | $622 $1,003† |
| Adams-Two Bed (2/2) | 951ft2 | $622 $1,003† |
| Marshall-Two Bed (2/2) | 951ft2 | $622 $1,003† |
| Johns-Two Bed (2/2) | 951ft2 | $622 $1,003† |
| Baker- Three Bed (3/2) | 1179ft2 | $711 $1,445† |
| Walker-Three Bed (3/2) | 1179ft2 | $711 $1,445† |
| Carney-Three Bed (3/2) | 1179ft2 | $711 $1,445† |
| Butts-Three Bed (3/2) | 1202ft2 | $711 $1,445† |
| Morgan-Three Bed (3/2) | 1215ft2 | $711 $1,445† |
| Pretlow-Three Bed (3/2) | 711ft2 | $711 $1,445† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 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 |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Market Heights have a waiting list?
Market Heights has a waiting list. See above for waiting list details.
Are rents subsidized at Market Heights?
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 Market Heights?
Market Heights is managed by Lawson Companies headquartered in Virginia Beach, Virginia.
In addition to Market Heights, how many other affordable housing properties (and units) are there in Norfolk?
In addition to Market Heights, we list 70 other affordable properties in Norfolk. Learn about these properties here. Our data research shows that there are a total of 8045 affordable units in Norfolk.
When was the Market Heights listing last updated?
Market Heights listing on Affordable Housing Online was last updated on 10/25/2022 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Ellie Ruedas says:
"Affordable Housing Online is the best way to keep informed on housing openings."