The Banks at Berkley

701 S Main St, Norfolk, Virginia 23523

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The Banks at Berkley is managed by Woda Cooper Companies, Inc..

The Banks at Berkley is an affordable community offering 2-bedroom and 3-bedroom apartment homes. Each unit comes cable ready and features energy efficient appliances, washer/dryer hookups, large closets, and a patio or balcony. Community amenities include a recreation room, library, on-site laundry facilities, elevator, BBQ & picnic area, courtyard, and playground. They are conveniently located at the bus stop at Main and Berkley, 1 minute from St Helena Elementary, Berkley Swimming Pool, Berkley Community Center, and Norfolk Public Library, 5 minutes from Town to Park, 7 minutes from Save-A-Lot, Buffalo Wild Wings, and shopping.

Pet Policy: A one-time, non-refundable payment of three hundred dollars ($300) is required for each pet, excluding those that meet and are approved based on reasonable accommodations and modifications.  The payment must be paid in full prior to the pet entering the unit.  Resident agrees that any damage to the unit will be paid by the Resident. No pet is permitted if the anticipated weight at maturity exceeds 25 pounds.  Puppies of large breed dogs will NOT be permitted, as they are anticipated to exceed the 25-pound limit.  A Resident is only allowed two (2) pets per unit.  Pets other than a cat or dog, when allowed, must be kept in a cage in the unit.  NOT ALLOWED under any circumstances:  Snakes, Spiders, Ferrets, Pot Belly Pigs or other Reptiles.

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1.5) - From $566 To $785
3 Bedroom (3/2) - From $643 To $880

Eligibility for The Banks at Berkley

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 Banks at Berkley.

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

The Banks at Berkley Details

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

Property Amenities

  • Elevator
  • Playground
  • BBQ and Picnic Area
  • Community Room
  • Library
  • On-Site Manager
  • On-Site Recycling
  • Online Payments Accepted
  • On-Site Maintenance
  • Laundry Facilities
  • Courtyard
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Washer and Dryer Hookup
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Fully Equipped Kitchen
  • Energy Efficient Appliances
  • Large Closets

Nearby Amenities

  • Close to Public Transportation

Office Hours

Day Hours
Monday By Appointment
Tuesday By Appointment
Wednesday By Appointment
Thursday By Appointment
Friday By Appointment
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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