Washington Plaza Colony is managed by Colonial Management Services.
Affordable housing. Enjoy peaceful living with 55+ year young neighbors in Richmond’s historic Jackson Ward. Converted in 2010 from the Booker T Washington School, our historic building has one of a kind 1 and 2 bedroom apartment homes – just 2 blocks from the Broad Street Art District. Convenient to restaurants, shops, grocery stores, and medical facilities. Free off-street parking, clubroom, wellness center and laundry facility makes Washington Plaza irresistible. Come home to Washington Plaza, downtown Richmond apartments!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bed One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | 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 Richmond but actual income limits may differ for units at Washington Plaza Colony.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $37,350 | $42,650 | $48,000 | $53,300 |
Low Income (60%) | $44,820 | $51,180 | $57,600 | $63,960 |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Friday | 8:00am-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.