Market Square V

7300 Taw Street, Richmond, VA 23237

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Ric Gresia, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 2 Baths 637 - 914 Sq Ft
check_circle  Near Elderly (55+)
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Pets Allowed
check_circle  Affordable

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.

Formerly Market Square I & II, Market Square V is located in North Chesterfield and offers a variety of one- and two-bedroom apartments. Located on the Winchester Greens campus, this 55 and up community provides attractive, convenient, affordable homes with many amenities, including community rooms and lounges with fireplaces, on-site laundry, off-street parking and landscaped courtyards. Residents also enjoy conveniences including The Bermuda Health Center, banks, and restaurants located next to our community. Short drive from grocery stores and entertainment.

Dave's Thoughts On Market Square V

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 Square V 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Market Square V Amenities

  • Elevator
  • Fitness Center
  • Community Room
  • On-Site Manager
  • Off-Street Parking
  • Energy Star Appliances
  • On-Site Maintenance
  • Central Heat & Air
  • Smoke Free
  • On-Site Laundry

Units at Market Square V

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 637ft2 Call for Price
Two Bedroom (2/2) 914ft2 Call for Price

Income Qualification for Market Square V

*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 $37,350 / year $42,650 / year $48,000 / year $53,300 / year
50% AMI for PBRA Units $37,350 / year $42,650 / year $48,000 / year $53,300 / year
60% AMI for LIHTC Units $44,820 / year $51,180 / year $57,600 / year $63,960 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Market Square V

Does Market Square V have a waiting list?

Market Square V 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 Market Square V?

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 Square V?

Market Square V is managed by Better Housing Coalition headquartered in Richmond, VA.

In addition to Market Square V, how many other affordable housing properties (and units) are there in Richmond?

In addition to Market Square V, we list 505 other affordable properties in Richmond. Learn about these properties here. Our data research shows that there are a total of 18088 affordable units in Richmond.

When was the Market Square V listing last updated?

Market Square V listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Market Square V

Highland Park Senior Apartments

1221 E Brookland Park Blvd, Richmond, Virginia 23222

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

The Townes at River South I & II

214 E 9th Street, Richmond, Virginia 23224

bed 2-4
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

The Park at Ridgedale

5001 Ridgedale Parkway #107, Richmond, Virginia 23234

bed 1-2
payment $1266/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Darby House

1400 Shirleydale Ave, Richmond, Virginia 23231

bed 1-2
payment $695-815/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

William Byrd Senior Apartments

2501 W Broad St, Richmond, Virginia 23220

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Randolph Village

704A S Harrison St , Richmond, Virginia 23220

bed 2-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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