Waterford Pointe Apartments

105 E Lakeshore Dr, Hampton, Virginia 23666

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Waterford Pointe Apartments is managed by The Franklin Johnston Group.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $745
Two Bedroom (2/1) - $885
Three Bedroom (3/1) - $1,015

Eligibility for Waterford Pointe 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 Hampton but actual income limits may differ for units at Waterford Pointe Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $34,650 $39,600 $44,550 $49,500 $53,500 $57,450
Low Income (60%) $41,580 $47,520 $53,460 $59,400 $64,200 $68,940

Waterford Pointe Apartments Details

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