Hamilton Place l & ll Apartments is managed by Portsmouth Redevelopment and Housing Authority.
Hamilton Place is an 84-unit development that was constructed using 4% Low Income Housing Tax Credits and Virginia Housing Development Authority loans and Tax Exempt Bonds. The development has 12 one-bedroom, 60 two-bedroom, and 12 three-bedroom units. All the units have project-based Housing Choice Voucher assistance. The development was completed in November 30, 2010.
Hamilton Place II:
Hamilton Place II received a competitive 9% Low Income Housing Tax Credit allocation in 2011 and constructed an additional 84 family units with 28 of those being project-based Housing Choice Vouchers. The development has 12 one-bedroom, 60 two-bedroom, and 12 three-bedroom units.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | Call for Price |
Three Bedroom One Bath (3/1) | - | Call for Price |
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 Portsmouth but actual income limits may differ for units at Hamilton Place l & ll 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 |
Day | Hours |
---|---|
Monday | 8:30am-5:00pm |
Tuesday | 8:30am-5:00pm |
Wednesday | 8:30am-5:00pm |
Thursday | 8:30am-5:00pm |
Friday | 8:30am-5:00pm |
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.