The Ashton Apartment Homes reflects the industrial style of the former American Cigar Company built onsite in 1903 while bringing the site’s purpose into the present and future with a modern flair.
The Ashton Apartment Homes is proud to offer an array of one-, two-, and three-bedroom layouts with energy efficient design features to help reduce utility costs. Luxury vinyl plank flooring leads you through your living areas and into your fully-equipped, open kitchen plan with opulent granite countertops. Modern finishes complement your brand-new apartment home to take your Norfolk apartment living experience to the next level.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 685 | From $697 To $1,173 |
Two Bedroom (2/2) | 915 | From $827 To $1,328 |
Three Bedroom (3/2) | 1167 | From $951 To $1,545 |
This property is currently under construction.
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 The Ashton 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 |
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.