Silvertree Seniors of Portsmouth

715 Madison St, Portsmouth, Virginia 23704

Contact Silvertree Seniors of Portsmouth

Silvertree Seniors of Portsmouth is an amazing four story low-income senior community built in the cultural historic city of Portsmouth, Virginia. They have cozy one- and two-bedroom apartment homes that were conveniently built with you in mind; to include all utilities paid. These apartment homes are equipped with your necessary appliances, nurse pull stations, and a call system to give access to your guest without leaving your home. They're wonderful community offers amenities such as elevators, a Community Center, a Business Center, and resident activities, which will give you a lifestyle you will enjoy and love. We have a wonderful and experienced professional management team that will handle your needs and give you the maintenance-free lifestyle you are looking for. Come see why we are your perfect choice for senior housing.

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

Eligibility for Silvertree Seniors of Portsmouth

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 Portsmouth but actual income limits may differ for units at Silvertree Seniors of Portsmouth.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$20,800	$23,800	$26,750	$30,000
50%	$34,650	$39,600	$44,550	$49,500
80%	$55,450	$63,400	$71,300	$79,200

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 Silvertree Seniors of Portsmouth.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$34,650	$39,600	$44,550	$49,500

Silvertree Seniors of Portsmouth Details

178 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

Controlled Access
Elevator
Business Center
On-Site Manager
On-Site Parking
Emergency Pull Cord
Resident lounges
24 Hour Maintenance
Courtyard
New and Renovated Apartment Homes

Unit Amenities

Air Conditioning
Refrigerator
Water Trash and Sewer Included
Bathroom Grab Bars
Stove
vinyl tile flooring
Walk-in Shower

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

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.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.