Thrive Apartments

1020 Thrive Place, Chesapeake, Virginia 23323

Thrive Apartment Homes offer affordable 2-bedroom and 3-bedroom floor plans. Each unit comes cable ready and features a fully-equipped kitchen with a dishwasher, custom cabinetry, spacious closets, wood-like plank flooring, and washer/dryer connections. Property amenities include an on-site laundry facility and 24-hour emergency maintenance. This scenic community is surrounded by several parks which feature miles of walking trails, playgrounds, boat/canoe launches and events which are held throughout the year. Thrive Apartment Homes is in a convenient location - minutes from Portsmouth, Norfolk, and Virginia Beach with easy access to Highway 17, Highway 460, and I-64/I-264. The community is also a short distance from Lake Drummond and the Natural Wildlife Reserve.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 975 $1,213
Three Bedroom (3/2) 1200 $1,398

Eligibility for Thrive Apartments

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 Chesapeake but actual income limits may differ for units at Thrive Apartments.

AMI Band 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person
Very Low Income (50%) $39,600 $44,550 $49,500 $53,500 $57,450 $61,400
Low Income (60%) $47,520 $53,460 $59,400 $64,200 $68,940 $73,680

Thrive Apartments Details

  • 102 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Laundry Room
  • 24hr Emergency Maintenance
  • On-Site Parking
  • Convenient Location

Unit Amenities

  • Dishwasher
  • Spacious Closets
  • Cable & Internet Ready
  • Fully Equipped Kitchen
  • Full-Size Washer & Dryer Connections
  • Faux Wood Floors

Nearby Amenities

  • Near Highway or Interstate

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm
Saturday Closed
Sunday Closed
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.

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