Onancock Square

160 Jacob Street, Onancock, Virginia 23417

Contact Onancock Square

Onancock Square is an affordable apartment community located in Onancock, Virginia that offers 1- and 2-bedroom apartments. The community is conveniently located Dining Options, Local Shopping, Baseball Field, Theatre, Fire Department, and National Guard Armory.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	702	Call for Price
Two Bedroom (2/1)	920	Call for Price

Eligibility for Onancock Square

Generally, 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 Onancock but actual income limits may differ for units at Onancock Square.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$14,850	$19,720	$24,860	$30,000
50%	$24,750	$28,250	$31,800	$35,300
80%	$39,550	$45,200	$50,850	$56,500

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 Onancock but actual income limits may differ for units at Onancock Square.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$24,750	$28,250	$31,800	$35,300
Low Income (60%)	$29,700	$33,900	$38,160	$42,360

Onancock Square Details

40 one and two bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Community Room
Laundry Facilities

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Cable Ready
Window Coverings
Carpet
Refrigerator

Office Hours

Day	Hours
Monday	8:00am-4:00pm
Tuesday	8:00am-4:00pm
Wednesday	8:00am-4:00pm
Thursday	8:00am-4:00pm
Friday	8:00am-4:00pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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.