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
Applications were accepted for Phoebus Square (1 bedroom), Lexington Place (1-3 bedrooms), and Hope Village (1-3 bedrooms). Preferences included living/working in Portsmouth, elderly/disabled families, PRHA Section 8/HCV participants terminated due to insufficient funding, veterans, involuntarily displaced, or homeless; a lottery system was used for placement with income limits at 60% AMI.
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.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
Income Limits - Portsmouth County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,350
- Extremely Low (30%)
- $20,300
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $22,850
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,050
- Low (80%)
- $78,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,400
- Low (80%)
- $83,850
- 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 |
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Tax Credit Program Details
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.
Is there a waitlist for Phoebus Square?+
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 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.
Who manages Phoebus Square?+
Phoebus Square is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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