Clarke School Apts
24 Mary St, Newport, RI 02840
50 1BR, 6 2BR
- Apartments
- 56
- Income-restricted
- 56
- Placed in service
- 1994
Rhode Island
Tax credit apartments in Newport, RI
HUD's database lists 15 properties in Newport built or rehabbed with low-income housing tax credits: 963 apartments, 917 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.
Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.
LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.
Coddington Point
231 Maple Ave, Newport, RI 02840
26 2BR, 6 3BR
- Apartments
- 32
- Income-restricted
- 32
- Placed in service
- 2010
Festival Field
Girard Street, Newport, RI 02840
5 studio, 89 1BR, 81 2BR, 29 3BR
- Apartments
- 204
- Income-restricted
- 204
- Placed in service
- 2021
Fifty Washington Square
4 Farewell St, Newport, RI 02840
70 studio, 23 1BR
- Apartments
- 93
- Income-restricted
- 93
- Placed in service
- 2005
Harbor House Housing
111 Washington St, Newport, RI 02840
HUD lists it as senior housing · 10 studio, 31 1BR
- Apartments
- 41
- Income-restricted
- 31
- Placed in service
- 2001
Mumford Manor
39 Farewell St, Newport, RI 02840
HUD lists it as senior housing · 34 1BR
- Apartments
- 34
- Income-restricted
- 34
- Placed in service
- 2007
Newport Heights 1a
18 John H Chafee Blvd, Newport, RI 02840
6 1BR, 28 2BR, 9 3BR, 2 4BR
- Apartments
- 45
- Income-restricted
- 45
- Placed in service
- 2003
Newport Heights 1b
7 Robert H Douglas Ln, Newport, RI 02840
6 1BR, 21 2BR, 6 3BR, 3 4BR
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- 2003
Newport Heights 2a
26 Ranger Rd, Newport, RI 02840
42 1BR, 27 2BR, 27 3BR, 4 4BR
- Apartments
- 100
- Income-restricted
- 78
- Placed in service
- 2005
Newport Heights 2b
5 Beech Tree St, Newport, RI 02840
10 2BR, 29 3BR, 8 4BR
- Apartments
- 47
- Income-restricted
- 47
- Placed in service
- 2005
Newport Heights 3a
26 John H Chafee Blvd, Newport, RI 02840
13 2BR, 23 3BR, 8 4BR
- Apartments
- 44
- Income-restricted
- 34
- Placed in service
- 2006
Newport Heights 3b
22 Shimoda Way, Newport, RI 02840
11 2BR, 9 3BR, 7 4BR
- Apartments
- 27
- Income-restricted
- 23
- Placed in service
- 2006
Newport Heights 4
121 Hillside Ave, Newport, RI 02840
21 2BR, 14 3BR, 2 4BR
- Apartments
- 37
- Income-restricted
- 37
- Placed in service
- 2009
Park Holm
Park Holm Street, Newport, RI 02840
14 1BR, 35 2BR, 56 3BR, 6 4BR
- Apartments
- 111
- Income-restricted
- 111
- Placed in service
- 2015
Park Holm III
2 Park Holm, Newport, RI 02840
13 1BR, 34 2BR, 7 3BR, 2 4BR
- Apartments
- 56
- Income-restricted
- 56
- Placed in service
- 2021
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.
How tax credit apartments work
Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.
To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.
You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.