About This Property
Parham Park Place II comprises 51 low-income units in Richmond, Virginia, serving elderly residents since 2007. The property includes six one-bedroom and forty-five two-bedroom apartments and receives 9% Low-Income Housing Tax Credit funding. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Virginia Housing Development Authority
The Public Housing program waitlist was previously open for specific family communities with four-bedroom units, and closed on May 10, 2026.
Applications must be submitted online when the waitlist opens. Local housing agencies advertise openings in local newspapers and on the Virginia Housing website.
Waitlist data provided by section8waitlist.org
Updated June 4, 2026
Property Details
Fair Market Rent - Henrico County, VA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,328 |
| 1 Bedroom | $1,365 |
| 2 Bedroom | $1,532 |
| 3 Bedroom | $1,959 |
| 4 Bedroom | $2,393 |
Income Limits - Henrico County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $27,000
- Very Low (50%)
- $45,000
- Low (80%)
- $72,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,600
- Low (80%)
- $77,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,200
- Low (80%)
- $83,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,800
- Low (80%)
- $89,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,400
- Low (80%)
- $95,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,900 | $31,500 | $50,400 |
| 2 Persons | $21,600 | $36,000 | $57,600 |
| 3 Persons | $24,300 | $40,500 | $64,800 |
| 4 Persons | $27,000 | $45,000 | $72,000 |
| 5 Persons | $31,040 | $48,600 | $77,800 |
| 6 Persons | $35,580 | $52,200 | $83,550 |
| 7 Persons | $40,120 | $55,800 | $89,300 |
| 8 Persons | $44,660 | $59,400 | $95,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Richmond, VA?+
The Fair Market Rent (FMR) for Henrico County, VA is: $1328 (Studio), $1365 (1BR), $1532 (2BR), $1959 (3BR), $2393 (4BR). Actual rent at subsidized properties like Parham Park Place Ii is typically 30% of household income or less.
What size apartments are available at Parham Park Place Ii?+
Parham Park Place Ii offers the following unit types: 6 One-Bedroom, 45 Two-Bedroom units, for a total of 51 units.
What are the income limits for affordable housing in Henrico County, VA?+
For a 4-person household in Henrico County, VA, the income limits are: Extremely Low Income (30% AMI): $27,000, Very Low Income (50% AMI): $45,000, Low Income (80% AMI): $72,000. These limits are set by HUD and updated annually.
Is there a waitlist for Parham Park Place Ii?+
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 is eligible to live at Parham Park Place Ii?+
Parham Park Place Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Parham Park Place Ii?+
Parham Park Place Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Parham Park Place Ii?+
Parham Park Place Ii 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.
What is the price range for apartments in Richmond, VA?+
Based on Fair Market Rent for Henrico County, the estimated price range is: 1-bedroom: $1365, 2-bedroom: $1532. Actual rent at Parham Park Place Ii may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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