Waverly Vill I LP — Income-Restricted Housing in Waverly, VA 23890
600 Amherst Ln, Waverly, VA 23890
40 units · 1–2 BR
- 6 vacant units reported (Oct 2026) — call to confirm
How to apply
- Managed by TM Associates Management, Inc. USDA does not publish a phone number for this property.
- Find contact info on USDA's Multifamily Housing programs page.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 1988
- Income limit
- 60% AMI
- Bedrooms
- 16 1 bedroom · 24 2 bedrooms
- USDA rental assistance
- 29 units (tenant pays about 30% of income)
- Accessible units
- 2
- Managed by
- TM Associates Management, Inc
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Nearby income-restricted buildings
Birch Island Apts
10322 Penny Ln, Wakefield, VA 23888
7.2 mi away
64 units · 1–3 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
Rents and income limits in 23890
- Fair market rent, 2 bedrooms
- $1,490/mo
- Income needed to pay it at 30% of income
- $59,600/yr
- Renters in 23890 paying 30% or more of income on rent
- 53%
Income limits (2026)
Richmond, VA area · median family income $113,500. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $23,850 | $39,750 | $63,600 |
| 2 | $27,250 | $45,400 | $72,650 |
| 3 | $30,650 | $51,100 | $81,750 |
| 4 | $34,050 | $56,750 | $90,800 |
| 5 | $38,680 | $61,300 | $98,100 |
| 6 | $44,360 | $65,850 | $105,350 |
| 7 | $50,040 | $70,400 | $112,600 |
| 8 | $55,720 | $74,950 | $119,900 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 23890 | Wider area |
|---|---|---|
| Studio | $1,300 | $1,456 |
| 1 bedroom | $1,360 | $1,517 |
| 2 bedrooms | $1,490 | $1,651 |
| 3 bedrooms | $1,870 | $2,039 |
| 4 bedrooms | $2,300 | $2,499 |
Wider area = Richmond, VA. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,150 (23888) to $1,490 (23884).
Census figures for 23890 (2020–2024 average): median rent $875. Median household income $64,063. 28% of homes are rented. 53% of renters pay 30% or more of their income on rent, and 24% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 23890's fair market rent.
Estimate your Section 8 rent share for 23890Frequently Asked Questions
How do I apply to Waverly Vill I LP?
No phone is listed for Waverly Vill I LP. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Waverly Vill I LP Section 8 housing?
Waverly Vill I LP is listed as income-restricted housing in Waverly, VA 23890 (lihtc, usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Waverly Vill I LP?
Public records list 40 units at Waverly Vill I LP in Waverly, VA 23890. That is a building size, not a count of open apartments.
Are there other affordable apartments near Waverly Vill I LP?
Yes — this page lists other income-restricted buildings in 23890 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Waverly Vill I LP?
Call the number on this page and ask about the waiting list or how to apply at Waverly Vill I LP in Waverly, VA 23890. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Waverly, VA 23890?
Most income-restricted buildings in Waverly, VA 23890 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $39,750, and $56,750 for a 4-person household. Public housing can go up to 80% ($63,600 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Waverly, VA 23890?
For many programs in Waverly, VA 23890, the 2026 HUD very low-income (50%) limit is $39,750 a year for 1 person and $56,750 for 4 people. The low-income (80%) limit is $63,600 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Waverly, VA 23890?
In public housing and most Section 8 in Waverly, VA 23890, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Waverly, VA 23890 is $1,490 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Waverly Vill I LP take Section 8 vouchers?
This file does not say that Waverly Vill I LP has a project-based Section 8 contract. Some landlords in Waverly, VA 23890 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Waverly Vill I LP.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction. To add a different building, use the suggestion rubric.