Sussex Trace

7144 Leneave Ln, Waverly, VA 23890

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2024 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 2 - 3 Beds 1 Bath -
check_circle  Project-Based Rental Assistance
check_circle  Affordable

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Sussex Trace are an affordable apartment community offering 2- and 3-bedroom units. this community offers many amenities including off-street parking and a playground.

Dave's Thoughts On Sussex Trace

Since Sussex Trace participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Sussex Trace Amenities

  • Playground
  • Off-Street Parking

Units at Sussex Trace

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Income Qualification for Sussex Trace

*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
30% AMI for PBRA Units $23,350 / year $26,650 / year $30,000 / year $33,300 / year $36,000 / year $40,280 / year
50% AMI for LIHTC Units $38,850 / year $44,400 / year $49,950 / year $55,500 / year $59,950 / year $64,400 / year
50% AMI for PBRA Units $38,850 / year $44,400 / year $49,950 / year $55,500 / year $59,950 / year $64,400 / year
80% AMI for PBRA Units $62,200 / year $71,050 / year $79,950 / year $88,800 / year $95,950 / year $103,050 / year

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

FAQs for Sussex Trace

Does Sussex Trace have a waiting list?

Sussex Trace probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Sussex Trace?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Sussex Trace?

Sussex Trace is managed by TM Associates Management, Inc headquartered in Rockville, Maryland.

In addition to Sussex Trace, how many other affordable housing properties (and units) are there in Waverly?

In addition to Sussex Trace, we list 2 other affordable properties in Waverly. Learn about these properties here. Our data research shows that there are a total of 114 affordable units in Waverly.

When was the Sussex Trace listing last updated?

Sussex Trace listing on Affordable Housing Online was last updated on 03/20/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Sussex Trace

Waverly Village

600 Amherst Lane, Waverly, Virginia 23890

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

Waverly Elderly

900 Covington Ct, Waverly, Virginia 23890

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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