Aspire at Church Street, a Project Based Voucher (PBV) / Low-Income Housing Tax Credit community for former Tidewater Gardens residents who relocated out of the community on or after February 28, 2019.
Aspire offers 1, 2 and 3-bedroom apartments and is located at 645 Church Street in Norfolk.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1-Bedroom (1/1) | 636-762 | From $1,041 |
2-Bedroom (2/2) | 636-970 | From $1,239 |
3-Bedroom (3/2) | 1127 | From $1,423 |
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.