Low Income (LIHTC)Opening Soon

King Square

606 Phoebus St, Portsmouth, VA, 23704

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

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About This Property

King Square contains 57 low-income units serving families in Portsmouth, VA. The property was placed in service in 2008 and is non-profit owned, financed through tax-exempt bonds and 4% LIHTC credits. Management and contact information are available upon request.

Waitlist Information

Waitlist managed by Portsmouth Redevelopment & Housing Authority

Public Housing Waitlist

Opening Soon

Opens April 21, 2026

Closed April 24, 2026

Apply: Online

Applications for newly constructed Lexington Seniors Apartments will be accepted online only from April 21, 2026, at 9:00 AM, until April 24, 2026, at 4:00 PM for 1- and 2-bedroom units.

Last verified February 6, 2026

Section 8 (HCV) Waitlist

Closed

The waiting list is closed. Applicants are placed on the waiting list based on date and time of their application and any established local preferences. An applicant's gross annual income must not exceed 50% of the Area Median Income (AMI).

Last verified February 9, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units

Income Limits - Portsmouth 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

2008

LIHTC Credit Type

Low-Income Units

57 / 57

Target Population

Families

Funding Programs

Tax-Exempt BondRental Assistance

Designations

Non-ProfitQualified Census Tract

Frequently Asked Questions

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

For a 4-person household in Portsmouth 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 King Square?+

King 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 King Square?+

Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. 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 King Square?+

King Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages King Square?+

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

Begin Application Now