622 Effingham St, Portsmouth, VA 23704
Waiting List Forecast: Closed
Verified for 2022 by Lorena Bentley, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1.5 - 2 Baths | - |
This project has been funded and will begin construction soon.
Market Heights Apartments and Holley Point Apartments Waiting List
Go to the public housing authority page for this waiting list >>
WELCOME TO HOLLEY POINTE
With a library, fitness center, and on-site laundry, Holley Pointe has something for everyone. Our controlled access building is smoke-free, and each of out 2 and 3-bedroom apartments include energy-efficient appliances, washer/dryer hookups, and more. We are conveniently located 2 minutes from Columbia Park, Five Boroughs, Gosport Tavern and Thai Basil, 4 minutes from Atlantic Union Bank Pavilion and Children's Museum of Virginia, 5 minutes from Kroger and Walmart, and 11 minutes from Portsmouth City Park and Victory Crossing Shopping Center.
Holley Pointe is currently under construction. Apply online today or call to learn more about how you can call Holley Pointe home.
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 Holley Pointe 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 |
|---|---|---|
| Two Bedroom (2/1.5) | - | Call for Price† |
| Three Bedroom (3/2) | - | Call for Price† |
| 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 Holley Pointe have a waiting list?
Holley Pointe has a waiting list. See above for waiting list details.
Are rents subsidized at Holley Pointe?
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 Holley Pointe?
Holley Pointe is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.
In addition to Holley Pointe, how many other affordable housing properties (and units) are there in Portsmouth?
In addition to Holley Pointe, we list 89 other affordable properties in Portsmouth. Learn about these properties here. Our data research shows that there are a total of 4156 affordable units in Portsmouth.
301 Ansell Ave STE D , Portsmouth, Virginia 23702
3817 George Washington Hwy , Portsmouth, Virginia 23702
715 Madison St, Portsmouth, Virginia 23704
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!"