Riverwoods at Towne Square

16573 Nanticoke Way, Woodbridge, VA 22191

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Lorena Bentley, Brittany Eckley, Alli Poe

Rent	Beds	Baths	SqFt
$1,428 - 1,650 per Month^†	3 Beds	2 Baths	1,107 - 1,295 Sq Ft

Call (703) 221-5513

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.

Riverwoods at Towne Square, located in Woodbridge, VA, offers spacious townhomes, great amenities and an outstanding location. The three bedroom townhomes for rent feature a private entrance, modern kitchen, generous closet space, a full-size washer and dryer and your own deck.
Enjoy many onsite conveniences including two large swimming pools, a kiddie pool, a fitness center for your daily workouts, package receiving and playground and picnic areas

Dave's Thoughts On Riverwoods at Towne Square

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 Riverwoods at Towne Square 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

Riverwoods at Towne Square Amenities

Fitness Center
Playground
On-Site Manager
24hr Emergency Maintenance
Near Highway or Interstate
Handicapped Accessible
Dishwasher
Garbage Disposal
Walk-in Closet(s)
Linen Closets
Cable & Internet Ready
Fully Equipped Kitchen
Washer and Dryer Included
Community Swimming Pool
Beautiful Landscape
Picnic Area
Private Patio and Balcony
Large Closets
Wall-to-Wall Carpeting
Individual heating and cooling systems

Units at Riverwoods at Towne Square

Unit (Bd/Ba)	Ft²	Rent
River Holly (3/2)	1107ft²	$1,428 $1,600^†
River Oak (3/2)	1283ft²	$1,428 $1,630^†
River Willow (3/2)	1295ft²	$1,428 $1,650^†

Income Qualification for Riverwoods at Towne Square

*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
50% AMI for LIHTC Units	$52,750 / year	$60,300 / year	$67,850 / year	$75,350 / year	$81,400 / year	$87,450 / year
50% AMI for PBRA Units	$52,750 / year	$60,300 / year	$67,850 / year	$75,350 / year	$81,400 / year	$87,450 / year
60% AMI for LIHTC Units	$63,300 / year	$72,360 / year	$81,420 / year	$90,420 / year	$97,680 / year	$104,940 / year

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

FAQs for Riverwoods at Towne Square

Does Riverwoods at Towne Square have a waiting list?

Riverwoods at Towne Square 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 Riverwoods at Towne Square?

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.

In addition to Riverwoods at Towne Square, how many other affordable housing properties (and units) are there in Woodbridge?

In addition to Riverwoods at Towne Square, we list 55 other affordable properties in Woodbridge. Learn about these properties here. Our data research shows that there are a total of 2375 affordable units in Woodbridge.