Tampas Low Income Housing Tax Credit
Initiated by the Tax Reform Act of 1986, the federally-funded LIHTC program offers tax credits to developers to finance the construction and rehabilitation of housing developments. The portion of these housing facilities in Florida is then allocated to low income residents, including households with and without elderly household members.
Similar to other Tampa, FL low cost senior housing programs, the LIHTC eligibility criteria are based on the applicant’s income. According to the guidelines, the candidate must earn less than 60% of the Area Median Income when they move.
However, the rent amount set by the LIHTC entity is not based on the tenant’s income. Rents are instead set at 30% of the AMI tied to the unit. It is then calculated with an assumed family size of 1.5 persons per bedroom. The higher the number of bedrooms a unit has, the higher the rent will be for that unit. The rent will also include a utility allowance for tenant-paid utilities.
One of the most significant advantages of enrolling in a LIHTC program is that the rent does not change, even if the family’s income fluctuates. They will also not be asked to move out if their income sees a significant increase – beyond the LIHTC threshold. But once the tenant decides to move, they must meet the income criteria set by LIHTC to remain eligible for another low cost housing unit in Florida.
Silvertree Seniors Of Tampa
Silvertree Tampa is an 85-unit independent senior living retirement community located in Tampa, FL, near the University of South Florida and Busch Gardens. This 8-story building has a number of features, which will allow you to maintain an independent lifestyle. Each apartment is barrier free, which allows access and mobility to all areas, and for your convenience, coin-operated laundries are available on site.
At Silvertree Tampa, we pride ourselves in providing all of our residents with affordable, safe and comfortable living for independent seniors over the age of 62. Our community lies within minutes of the VA Hospital, many grocery stores and several fine restaurants. We offer a uniform floor plan of spacious One-bedroom apartments, for the best in independent living. Each apartment is fitted with deadbolt locks, peepholes in the entry door, and smoke detectors so residents can always feel safe.
With excellent accommodations, a professional on-site staff, 24-hour emergency maintenance response, and an unbeatable location, Silvertree Tampa is a great place to call home. Your new home is waiting contact our leasing office or stop in for a tour today!
- On-site Laundry
Section 202 Supportive Housing for the Elderly
Tampa HUD Rental Assistance Income Qualifications
Section 202 Affordable Senior Housing Program
The Section 202 low cost senior housing program is operated by the U.S. Department of Housing and Urban Development . In this program, the HUD provides interest-free capital advances to cover the finances of construction or renovation of an existing structure to provide comfortable housing options to the elderly.
For rent, the participants pay 30% of their income, while the remaining dues are covered by the subsidy offered by HUD. To qualify for the HUD Tampa subsidized senior housing program, the applicant’s income must fall under the threshold set by the entity. The prospective tenant should also be at least 62 of age at the time of receiving occupancy.
To apply for the low income housing program in Tampa, FL, the applicant can directly contact the community manager and send in an application. Senioridy also offers a comprehensive list of senior communities on our website that allows you to filter available low income senior apartments in Tampa and in the Tampa Bay area.
Once the community receives the application, they will typically ask for the submission of some documents as well to verify if you qualify for the senior housing opportunity. The assessment process for the 202 low cost senior living apartments is very straightforward. However, you are encouraged to provide complete and accurate information at the time of the interview to avoid any delays. Once accepted, you will be allowed to move into the allotted space once a unit becomes available.
Recommended Reading: Senior Life Insurance Phone Number
Low Income Senior Housing In Prince William County In Woodbridge
- Victoria Park Apartments Woodbridge – 55+ community with fitness center, hair salon and other amenities – 16820 Flotilla Way – 703-441-6488
- The Woods at Victoria Park Woodbridge – 55+ community of apartment homes with amenities – 1 and 2 bedroom apartments – access to pool.16821 Flotilla Way – 703-441-0555
- Potomac Woods – Woodbridge – Affordable housing – 3-story elevator building on wooded acreage. One and two-bedroom apartments with hookups, community room for social functions, and more features. From $900’s.2001 Southampton St. – 703-491-9710 – Open M-F 8:30AM-5:00PM
Who Does Not Qualify For Tampa Fl Low Income Senior Housing
In most cases, the eligibility criteria for Tampa low income apartments senior citizens remain the same. To qualify, the applicants must be of a certain age and receive income categorized as ‘low’ by the state.
You do not have to be a U.S. citizen to apply for the section 202 and LIHTC program. The housing programs are open to all lawful residents of America. But if your family is undocumented, you disqualify from the federal housing programs.
Other factors that may affect your eligibility for Florida low income senior housing include:
- Eviction from HUD housing in the last five years
- Prior termination from a low income senior housing community for any reason
- Debt to a housing authority
- Criminal records
- Putting false information on the application.
Recommended Reading: Government Benefits For Seniors Over 65
Virtual Tour Of Aqua Apartments
Our MissionThe mission of Aqua is simple: To provide the highest quality living environment and services in order to keep our residents fully satisifed. We employ only the most qualified professionals we strive to develop solid partnerships make communications a priority and pay close attention to details. This is all done with one goal in mind–to achieve the best living environment for our seniors.
Our VisionThe vision of Aqua is to create an elegant and affordable residential community that offers senior persons 62+ and better several housing options that best fits their lifestyle.
Senior Apartments In Florida
Senior housing in Florida is a great choice for you or your loved one. As one of the more popular vacation and retirement spots in the country, Florida has earned its nickname The Sunshine State for its white, sandy beaches and beautiful weather.
The median monthly cost of a senior apartment in Florida is about $800. A Place for Moms Senior Living Advisors can help you find 55+ communities in Florida for rent.
Read Also: Senior Living The Woodlands Tx
Tampa Housing Authority Units For The Elderly
Tampa has recently invested over $13,000,000 in the renovation of its Tampa area properties and has a large number of dedicated units for the elderly. The J.L. Young Apartments in Tampa hosts over 450 one bedroom and studio apartments for low-income seniors over the age of 55.
In addition to units that are dedicated to strictly elderly citizens, the Tampa Housing Authority also has a very large number of subsidized units in South Tampa, North Tampa, Central Tampa and in the Encore District of Tampa Bay.
Apartment Homes For Those Aged 55 And Up*
The ultimate care-free living experience! Fountains at Falkenburg Senior Apartment Homes in Tampa, Florida is located off S Falkenburg Road and just minutes to U.S. Route 301 and Interstate 75. Enjoy many excursions and outdoor activities at Busch Gardens Tampa and Downtown Tampa, and shopping at Westfield Brandon Mall. These uniquely designed apartments feature one, two, and three bedroom homes with fabulous Chef-Style kitchens with Granite Countertops and Stainless Steel energy efficient appliances along with an open floor plan perfect for entertaining.
At Fountains at Falkenburg, take advantage of the resident activities offered and community amenities with resort-style pool with sundeck and heart healthy cardio & fitness studio. Centrally located, Fountains at Falkenburg offers convenient access to the most essential needs of our residents.
ConcordRENTS is the national leader in high quality, customer focused property management of multifamily affordable rental housing communities. Equal Housing Opportunity.
Recommended Reading: Weatherization Assistance Program For Seniors
How To Find Tampa Florida Low Income Senior Living Near Me
There are different low income housing programs available for the elderly in Tampa, Florida. However, finding a suitable unit is a challenging task due to the state’s high demand for the properties. Additionally, the waiting lists for these communities can be extensive, especially in a densely populated place like the Tampa Bay area.
The best option for finding affordable senior apartments in Tampa is to use Senioridy’s search engine. Its the most efficient way to find comfortable housing units for senior citizens on a restricted budget. The directory is a free, map-based search platform that elderly individuals or their loved ones can easily use to locate the type of housing they require. From there, you can directly reach out to the property managers and book an appointment.
Street View Of Vista 400 Apartments
Our MissionThe mission of Vista 400 is simple: To provide the highest quality living environment and services in order to keep our residents fully satisifed. We employ only the most qualified professionals we strive to develop solid partnerships make communications a priority and pay close attention to details. This is all done with one goal in mind–to achieve the best living environment for our seniors.
Our VisionThe vision of Vista 400 is to create an elegant and affordable residential community that offers persons aged 62+ and better several housing options that best fits their lifestyle.
Our TeamThe Vista 400 team of professionals serves our residents by being on-site Office Hours: Monday – Friday 11am – 5pm.| Sat & Sun: Closed. We ensure that after-hour services are also available through our call service or through this website. ©Vista 400 and SP Three Ltd. All Rights Reserved.
Recommended Reading: Part Time Jobs For Seniors In My Area
Guide To Affordable Housing In Tampa Florida
There are 127 low income housing apartment communities offering 16,938 affordable apartments for rent in Tampa, Florida.
Income Based Apartments in Tampa, Florida
Tampa features 7,591 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Tampa, Florida
There are 8,961 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tampa.
Housing Choice Vouchers in Tampa, Florida
On average, Section 8 Housing Choice vouchers pay Tampa landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Tampa.
The maximum amount a voucher would pay on behalf of a low-income tenant in Tampa, Florida for a two-bedroom apartment is between $1,212 and $1,482.
2022 Tampa, Florida Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
Population and Household Demographics
Tampa is a city in Hillsborough County, Florida with a population of 355,603. There are 142,232 households in the city with an average household size of 2.42 persons. 50.95% of households in Tampa are renters.
Income and Rent Overburden in Tampa
Qualifications For Senior Low Income Housing
To qualify for senior low income housing a person must meet income restrictions. The community reviews your income on an annual basis .
Individual communities will have different income restrictions and rules. The median income of the county will determine the amount of income restriction. The age requirement is usually 62+.
There may also be other qualifications other than income limits.
To find more information on this subject go to Low Income Housing Description on this site.
Recommended Reading: Flip Cell Phones For Seniors
Atlanta Senior Low Income Housing
Columbia Senior Residences has 10 senior apt locations in Atlanta and Marietta :
- Columbia at Edgewood: Atlanta, GA 404-681-5611
- Columbia Heritage: 1900 Perry Blvd NW, Atlanta – 404-792-7511
- Columbia at MLK Village: 125 Logan St SE, Atlanta – 404-525-3370
- Columbia Blackshear: 14 Meldon Ave SW, Atlanta – 404-525-0558
Housing Choice Voucher Program For The Elderly
The Section 8 Housing Choice Voucher Program is a federally-funded entity that helps low income families, disabled individuals, and the elderly get affordable housing in the state. When qualified, the individuals receive a section 8 housing voucher. They can use this voucher towards financial assistance like rent and utilities.
The housing voucher program in Tampa has two basic requirements of eligibility: income and residency. According to the guidelines, the applicant must be a U.S. citizen and resident of Florida. They should also fall under the very income limit set by the HUD. This is typically 50% or less of the median income.
The application process for the housing voucher program in Florida is carried out through the Public Housing Authority . Once the prospective renter finds a suitable apartment that is eligible by the PHA and accepts a housing voucher, they can submit an application and wait for the qualification process to commence.
The only drawback of this program is the high demand. Since anyone over the age of 19 with a low income can apply for the voucher, the waiting list is very lengthy. However, elderly residents of Florida are given a greater priority if their needs appear to be more immediate.
Don’t Miss: Brighton Senior Living Of Tomball
Senior Housing In Fairfax
- Olley Glen Senior Residences Fairfax – Now accepting applications for new apartments with affordable rents. 62+ – Income restrictions. Utilities included. 4023 Olley Lane – 703-503-8717
- Little River Glen Fairfax – 62+ – 120 apartments – utilities included – – noon meals available – emergency pull cords with 24-hour monitoring – 703-385-3578
- Saintsbury Plaza 55+ Fairfax – Six 2-Bedroom apartments located next to Vienna Metro Station – 703-503-8700
For complete list, see Fairfax County senior housing
Blue Sky Communities And
“What I like about Blue Sky is not only the development, but the management, in making sure that its something we can all be proud of. And when folks see how affordable housing actually works, when it when it actually uplifts a neighborhood then we’ll see folks embrace it.”
– Kenneth Welch | Pinellas County Commissioner, District 7
Read Also: Lutheran Senior Services Mason Pointe
There Are 89 Low Income Housing Apartment Complexes In Tampa Florida
Low Income Housing Types:
Rental Assistance ProgramsLow Income/Affordable Housing in Tampa, FL statistics
How does income and housing costs in Tampa compare with Florida income averages.
|Average affordable monthly apartment cost in Tampa||$580.00|
|State of Florida Median Income||$82,100|
|State of Florida Median Metropolitan Income||$59,500|
|State of Florida Median Non-Metropolitan Income||$48,400|
Our Senior Living Community
Welcome to Discovery Village At Tampa Palms, a world-class senior living community in Tampa, Florida that is elevating senior living to a new standard.
Our stylish community offers three distinct lifestyle options, starting with supervised independent living, and progressing to assisted living and memory care. Memory care is our secure community for dementia and Alzheimers patients. Our resort lifestyle offers a whole new look to post-retirement living in that we are able to provide the care, services, and activities that residents need right now or may require in future. Our on-site executive director, alongside a team of professionally trained health and wellness professionals deliver personalized care plans to help you live a happy and healthy life. On top of that, you can benefit from resort-style amenities such as chef-prepared meals served tableside in an elegant dining room daily, a packed calendar of activities events, 24/7 concierge services, a dedicated housekeeping team, complimentary transportation and much more.
From the elegantly designed and furnished Grande Clubhouse to our comfortable apartment homes featuring generous living spaces, modern conveniences and an emergency call system, you will find that senior living is completely redefined at Discovery Village At Tampa Palms.
Read Also: Does Directv Offer Senior Discounts
Madison Highlands 5315 N 37th St In Tampa Fl
$772 | 1 Bed | 1 Bath | $350 Deposit
Disclaimer: Features and amenities may not be available for all units
$932 | 2 Beds | 2 Baths | $350 Deposit
- Year Built
Must be 55+. Brand new affordable housing apartments in Tampa near I4 and Hard Rock Casino. Income restrictions apply. Must move in by November 30, 2021.
$50 Per adult
5315 N 37th St
5315 N 37th St
District Of Columbia Senior Affordable Housing
- Victory Square near Parkside community by Benning Rd NE – amenities – spacious floor plans – award-winning community for 55+ – Minutes to Metro. 600 Barnes St., NE, Washington DC – 202-388-3288
- Victory Heights 62+ in the Columbia Heights area – Near metro – 1 BR apts1369 Irving St., Washington DC – 202-939-1431
- Allen House in Northeast DC – high rise elevator building close to shopping and metro – community room with kitchen – Gated assigned parking – Equity Mgmt. 3760 Minnesota Ave – Call first to see – 202-397-1862
Read Also: Fancy Feast Senior Cat Food
Now Leasing Brand New Tampa Senior Apartments For Rent In Downtowns Tempo District
Seniors 62 and older will appreciate a higher standard of living at The Reed, part of the master planned development at ENCORE! This brand new seven-story building features local artistry and designer one and two-bedroom apartment residences. We offer apartment homes with amazing features and amenities in a unique, upscale building. From the park-like courtyards and community garden to the movie theater and lobby gallery, The Reed offers relaxation and convenient access for exploring area attractions, just steps from our centrally located Tampa senior apartments. Located at I-4 and I-275, Downtowns Tempo District is rich in history and close to popular destinations such as Waterfront Park, Ybor City, and the Channelside District.