Grandy Village is managed by Norfolk Redevelopment and Housing Authority.
Grandy Village is an affordable housing community close to the beautiful Elizabeth River. The community consist of duplexes, townhouse-style apartments, a recreation center and contains the Grandy Village Learning Center.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1) | - | Call for Price |
This property is currently under construction.
Phase VI of this community is currently under construction.
Upon completion of Phase VI, 44 units of existing housing between Kimball Terrace and Kimball Loop will be demolished, and new housing will be constructed in this area. The new housing has not yet been designed.
Grandy Village waiting list is currently closed until further notice
Last updated on April 12th, 2023Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Norfolk but actual income limits may differ for units at Grandy Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $20,800 | $23,800 | $26,750 | $30,000 | $35,140 | $40,280 |
50% | $34,650 | $39,600 | $44,550 | $49,500 | $53,500 | $57,450 |
80% | $55,450 | $63,400 | $71,300 | $79,200 | $85,550 | $91,900 |
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 Norfolk but actual income limits may differ for units at Grandy Village.
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 |
Day | Hours |
---|---|
Monday | 8:00am-4:30pm |
Tuesday | 8:00am-4:30pm |
Wednesday | 8:00am-4:30pm |
Thursday | 8:00am-4:30pm |
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.
Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.