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Affordable Housing Option at Malvern Hills in Portsmouth, VA Incentivized Low-Income Housing in Portsmouth, VA Malvern Hills offers low-income housing options supported by the LIHTC program. These rental apartments are specifically designed to cater to individuals seeking affordable living spaces. With applicable program rent and income restrictions, these apartments are made accessible to low-income persons. AMI-based Rent Charges The LIHTC program encourages builders and developers to provide affordable housing options for individuals with low income. To ensure affordability, the maximum rent charged is determined based on the Area Median Income (AMI). However, it's important to note that the AMI-based rent may still be unaffordable for certain low-income individuals. We recommend checking the current rental rates to determine if this fits within your budget. 55 Low Income One Bedroom Apartments Malvern Hills boasts 55 one-bedroom apartments exclusively dedicated for low-income residents. However, as demand for affordable housing is high, waiting lists are typically in place. Contact for Application and Qualification To inquire about the availability and application process, feel free to contact Malvern Hills directly at the provided number. They'll be able to provide you with more information on how to apply and if you meet the qualifications to reside in this community. Acceptance of HUD Subsidies This apartment complex accepts HUD (Housing and Urban Development) subsidies, making it an even more viable option for individuals seeking affordable housing. If you qualify for low-income housing and there are apartments available, rent is determined as 30% of your Adjusted Gross Income. For additional details, we recommend reaching out to Malvern Hills for more information. One-Bedroom Apartments Available At this location, you'll find cozy one-bedroom apartments designed to meet your needs. Contact Malvern Hills for more details on pricing, availability, and other amenities.
426 King St, Portsmouth, VA 23704
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