Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Fifty Washington Square

4 Farewell St, Newport, RI, 2840

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Fifty Washington Square contains 93 low-income residential units in Newport, Rhode Island. The property was placed in service in 2005 and offers a unit mix of 70 studios and 23 one-bedroom apartments. A non-profit organization owns and manages the development.

Waitlist Information

Waitlist managed by The Housing Authority of the City of Newport

Public Housing Waitlist
Open
Apply: Multiple

Waiting list status for Public Housing programs. Public housing is limited to low-income families and individuals. Eligibility is determined based on annual gross income, status (age 62+, person with a disability, or family), and U.S. citizenship or eligible immigration status.

Last verified March 19, 2026
Section 8 (HCV) Waitlist
Open
Apply: Multiple

Accepting applications for the Section 8 Housing Choice Voucher program. Private housing subsidization makes it possible to find housing quickly when the wait list for public housing is long.

Last verified March 19, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
93
Studio
70
1 Bedroom
23

HUD Inspection Score

86
Good
Inspected October 2018

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

Fair Market Rent - Newport County, RI

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,289
1 Bedroom$1,398
2 Bedroom$1,693
3 Bedroom$2,047
4 Bedroom$2,536

Income Limits - Newport County, RI

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$18,200
Very Low (50%)
$30,300
Low (80%)
$48,450
2 Persons
Extremely Low (30%)
$20,800
Very Low (50%)
$34,600
Low (80%)
$55,400
3 Persons
Extremely Low (30%)
$23,400
Very Low (50%)
$38,950
Low (80%)
$62,300
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$43,250
Low (80%)
$69,200
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$46,750
Low (80%)
$74,750
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$50,200
Low (80%)
$80,300
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$53,650
Low (80%)
$85,850
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$57,100
Low (80%)
$91,350

Tax Credit Program Details

Year Placed in Service
2005
Low-Income Units
93 / 93
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Newport, RI?+

The Fair Market Rent (FMR) for Newport County, RI is: $1289 (Studio), $1398 (1BR), $1693 (2BR), $2047 (3BR), $2536 (4BR). Actual rent at subsidized properties like Fifty Washington Square is typically 30% of household income or less.

What size apartments are available at Fifty Washington Square?+

Fifty Washington Square offers the following unit types: 70 Studio, 23 One-Bedroom units, for a total of 93 units.

What are the income limits for affordable housing in Newport County, RI?+

For a 4-person household in Newport County, RI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,250, Low Income (80% AMI): $69,200. These limits are set by HUD and updated annually.

How do I apply for housing at Fifty Washington Square?+

Fifty Washington Square is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Is there a waitlist for Fifty Washington Square?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What is the HUD inspection score for Fifty Washington Square?+

Fifty Washington Square has a HUD inspection score of 86 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

Who manages Fifty Washington Square?+

Fifty Washington Square is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Newport, RI?+

Based on Fair Market Rent for Newport County, the estimated price range is: 1-bedroom: $1398. Actual rent at Fifty Washington Square may be lower for income-eligible households.

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Walk Score

Walker's Paradise

97
Walk
39
Transit
62
Bike

Location

Newport County, RI

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