Low Income (LIHTC)Opening Soon

Phoebus Square

602 Phoebus St, Portsmouth, VA, 23704

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

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About This Property

Phoebus Square comprises 122 low-income units designated for elderly residents in Portsmouth, VA. The property was placed in service in 2011 and is funded through tax-exempt bonds and 4% LIHTC credits. A non-profit organization owns and manages the development.

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 because demand exceeds available funding. Applicants are placed based on application date/time and local preferences. Income must not exceed 50% of Area Median Income.

Last verified February 9, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units

122

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

2011

LIHTC Credit Type

Low-Income Units

122 / 122

Target Population

Elderly

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 Phoebus Square?+

Phoebus 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.

Who manages Phoebus Square?+

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

Who is eligible to live at Phoebus Square?+

Phoebus Square primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Is there a waitlist for Phoebus 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.

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