Greenlakes

3218 Green Lakes Dr, Virginia Beach, VA 23452

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Joshua Cappell
Rent Beds Baths SqFt
$699 - 1,022 per Month 1 - 4 Beds 1 - 1.5 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
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.

Green Lakes is an oasis from the hustle and bustle of Virginia Beach.

Green Lakes Apartments is nestled in a quaint residental neighborhood. Enjoy our beautifully maintained grounds and playground areas. Our convenient location is minutes from Lynnhaven Mall shopping, schools, entertainment, and the beach, but not out in the hustle and bustle of traffic! Find out what you have been missing and call Green Lakes home!

Dave's Thoughts On Greenlakes

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 Greenlakes 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

Greenlakes Amenities

  • Playground
  • Washer and Dryer Hookup
  • Spacious Closets
  • On-Site Laundry

Units at Greenlakes

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 682ft2 $699
Two Bedroom (2/1) - $827
Three Bedroom (3/1.5) 1128ft2 $939
Four Bedroom (4/1.5) 1330ft2 $1,022

Income Qualification for Greenlakes

*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 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $34,650 / year $39,600 / year $44,550 / year $49,500 / year $53,500 / year $57,450 / year $61,400 / year $65,350 / year
50% AMI for PBRA Units $34,650 / year $39,600 / year $44,550 / year $49,500 / year $53,500 / year $57,450 / year $61,400 / year $65,350 / year
60% AMI for LIHTC Units $41,580 / year $47,520 / year $53,460 / year $59,400 / year $64,200 / year $68,940 / year $73,680 / year $78,420 / year

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

FAQs for Greenlakes

Does Greenlakes have a waiting list?

Greenlakes 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 Greenlakes?

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 Greenlakes?

Greenlakes is managed by Lawson Companies headquartered in Virginia Beach, Virginia.

In addition to Greenlakes, how many other affordable housing properties (and units) are there in Virginia Beach?

In addition to Greenlakes, we list 113 other affordable properties in Virginia Beach. Learn about these properties here. Our data research shows that there are a total of 4393 affordable units in Virginia Beach.

Listings Near Greenlakes

Seaside Harbor Apartments

509 18th St, Virginia Beach, Virginia 23451

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Summer Haven Apartments

741 Gourmet Way, Virginia Beach, Virginia 23462

bed 1-3
payment $754-1290/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Sands Apartments

6405 Auburn Dr, Virginia Beach, Virginia 23464

bed 1-2
payment Subsidized
accessibility Accessible

Lynnhaven Landing Apartments

352 Fernwood Ct Ofc 101 , Virginia Beach, Virginia 23454

bed 1-3

Friendship Village Apartments

1235 Friendship Sq , Virginia Beach, Virginia 23451

bed 1-5
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Atlantis Apartments

999 Atlantis Dr, Virginia Beach, Virginia 23451

bed 1-3
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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