Low Income (LIHTC)Opening Soon

Franklin Arms

2500 E Princess Anne Rd, Norfolk, VA, 23504

Information verified November 4, 2026·We re-check waiting list status daily

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About This Property

Franklin Arms offers 100 low-income units in Norfolk, VA, with 88 one-bedroom and 12 two-bedroom apartments. The property has served elderly residents since its placement in service in 2004 and utilizes 9% LIHTC financing. Management and leasing information are available upon inquiry.

Waitlist Information

Waitlist managed by Norfolk Redevelopment & Housing Authority

Public Housing Waitlist

Closed

Apply: Online

Applicants must create a Yardi RentCafé account to apply for an open waitlist. Preferences include Norfolk residency (20 points), working (10 points, with conditions), and veteran status (5 points).

Last verified June 7, 2026

Section 8 (HCV) Waitlist

Opening Soon

Opens February 3, 2027

Closed March 3, 2027

Apply: Online

The waitlist will open for non-elderly applicants with disabilities transitioning out of institutional settings, those at serious risk of institutionalization, or those currently homeless or at risk of being homeless. Applicants must have incomes 50% or less of the Area Median Income to qualify.

Last verified July 9, 2026

Waitlist data provided by section8waitlist.org

Updated November 4, 2026

Property Details

Total Units

100

1 Bedroom

2 Bedroom

Income Limits - Norfolk 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

2004

LIHTC Credit Type

Low-Income Units

100 / 100

Target Population

Elderly

Designations

Qualified Census Tract

Frequently Asked Questions

What size apartments are available at Franklin Arms?+

Franklin Arms offers the following unit types: 88 One-Bedroom, 12 Two-Bedroom units, for a total of 100 units.

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

For a 4-person household in Norfolk 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.

Who is eligible to live at Franklin Arms?+

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

How do I apply for housing at Franklin Arms?+

Franklin Arms 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 Franklin Arms?+

Franklin Arms is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Franklin Arms?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. 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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