The Residences at October

2028 Freeney Avenue, Suffolk, Virginia 23434

The Residences at October, located at 2028 Freeney Avenue in Suffolk, has two and three bedroom apartments. The Residences at October participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/2) 924 $700
Three Bedroom (3/2) 1054 $799

The Residences at October Details

  • 72 two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Fitness Center
  • Playground
  • Community Room
  • Clubhouse
  • Pet Friendly

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Full-Size Washer & Dryer Connections

Office Hours

Day Hours
Monday 8:30am-5:00pm
Tuesday 8:30am-5:00pm
Wednesday 8:30am-5:00pm
Thursday 8:30am-5:00pm
Friday 8:30am-5:00pm

About The Residences at October

The Residences at October Apartments offers luxurious living at an affordable price! Our two and three bedroom apartment homes each have two full bathrooms and beautiful fixtures inside. Conveniently located in Suffolk, you are just minutes from shopping, dining, and entertainment. These apartment homes were designed with you in mind, so come home to The Residences at October Apartments. Income restrictions apply.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Suffolk Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Suffolk but actual income limits may differ for units at The Residences at October.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Low Income (60%) $33,360 $38,100 $42,840 $47,580 $51,420 $55,200 $59,040 $62,820

The Residences at October was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

The Residences at October is managed by Lawson.

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