Low Income (LIHTC)Waitlist Closed

Forest Cove Iii

2218 Farmer Ln, Chesapeake, VA, 23324

Information verified August 23, 2026·We re-check waiting list status daily

Example Photo

About This Property

Forest Cove III comprises 101 low-income residential units in Chesapeake, Virginia, serving families in the area. The property was placed in service in 2005 and utilizes 4% Low-Income Housing Tax Credit financing along with tax-exempt bond funding.

Waitlist Information

Waitlist managed by Chesapeake Redevelopment & Housing Authority

Public Housing Waitlist

Closed

Apply: Online Only

The Public Housing Waiting List reopened online only from Thursday, October 28th to Friday, October 29th.

Last verified February 19, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Multiple

Applicants are ranked by local preference points. The waiting list is updated monthly. Correspondence was mailed out on February 4, 2022, with information on how to register with the applicant portal. Preferences must be submitted in person, mail, or fax, not through the portal. Waitlist numbers fluctuate. The wait for rental assistance can take years.

Last verified July 10, 2026

Waitlist data provided by section8waitlist.org

Updated August 22, 2026

Property Details

Total Units

101

Income Limits - Chesapeake County, VA

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

1 Person

Extremely Low (30%): $17,750
Very Low (50%): $29,600
Low (80%): $47,350

2 Persons

Extremely Low (30%): $20,300
Very Low (50%): $33,800
Low (80%): $54,100

3 Persons

Extremely Low (30%): $22,850
Very Low (50%): $38,050
Low (80%): $60,850

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $42,250
Low (80%): $67,600

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $45,650
Low (80%): $73,050

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $49,050
Low (80%): $78,450

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $52,400
Low (80%): $83,850

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $55,800
Low (80%): $89,250

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$17,750	$29,600	$47,350
2 Persons	$20,300	$33,800	$54,100
3 Persons	$22,850	$38,050	$60,850
4 Persons	$26,500	$42,250	$67,600
5 Persons	$31,040	$45,650	$73,050
6 Persons	$35,580	$49,050	$78,450
7 Persons	$40,120	$52,400	$83,850
8 Persons	$44,660	$55,800	$89,250

Tax Credit Program Details

Year Placed in Service

2005

LIHTC Credit Type

Low-Income Units

101 / 101

Target Population

Families

Funding Programs

Tax-Exempt Bond

Designations

Qualified Census Tract

Frequently Asked Questions

What are the income limits for affordable housing in Chesapeake County, VA?+

For a 4-person household in Chesapeake County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,250, Low Income (80% AMI): $67,600. These limits are set by HUD and updated annually.

How do I apply for housing at Forest Cove Iii?+

Forest Cove Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.

Who is eligible to live at Forest Cove Iii?+

Forest Cove Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Is there a waitlist for Forest Cove Iii?+

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

Who manages Forest Cove Iii?+

Forest Cove Iii is managed by . You can reach them at .

Begin Application Now