69 W 7th St
Atlantic Beach, FL - 32233
Orchid Trace Atlantic Beach is a Low-Income Housing Tax Credit apartment located in Atlantic Beach, FL.
This is NOT Government owned or subsidized housing. This development is privately owned by Mayport Affordable Housing Partners, Ltd. Below market rent rates are possible because of a tax credit allocation administered by the Florida Housing Finance Corporation and with the support of the local Community.
If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions.
The LIHTC gives incentives to builders and developers to provide affordable housing to low income persons. The maximum rent charged is based on the AMI, Area Median Income. This apartment may still be unaffordable to low income persons due to this AMI. Check the current rental rates to see if this is affordable to you. There are 28 low income apartments located here.
Most apartments these days have waiting lists. We provide this listing so you can contact them directly at the number provided to see if you can apply and qualify to live here.
The apartment is owned by MAYPORT DEVELOPMENT INC, ATLANTIC BEACH, FL, 32233-3400.
If you find this listing is no longer low income, or the phone number is incorrect, please contact us using the online form below.
The application process normally takes several weeks. There is a $46 non-refundable Application fee per adult or married couple and a conditionally refundable Holding fee of $100. The Security Deposit is $500.
No Application fee or Security Deposit for the qualifying Military.
Also, the first months rent will be due at time of lease signing. For example if you move in on August 10 then
your rent amount due will be pro rated for the remaining days of August. (Ask your leasing agent if there are any current rental specials!)
To be eligible to live at Orchid Trace Apartments you must meet the income
requirements We must verify your income with your employer by either seeing
2 consecutive paystubs OR by using a form that we send directly to your
Other items of income that we must include and verify are:
(this list is not limited to these items)
- Wages from employment (including commissions, tips, bonuses, fees, etc.)
- Income from operation of a business
- Rental income from real or personal property
- Interest or dividends from assets
- Social Security payments, annuities, insurance policies, retirement funds,
IRA's, pensions, Supplemental Security Income (SSI), or death benefits
- Un-Employment or disability payments
- Public assistance payment
- Periodic allowances such as alimony, child support, or gifts received from persons not living in my household
- Sales from self-employed resources (Avon, Mary Kay, Shaklee, Amway, etc.)
- Any other source not named above.
TIP: Knowing About LIHTC (Low Income Tax Credit) units for rent.
Income from all of the adults expected to reside at this apartment must be included and verified at application time. Call for more details.
Bedrooms 2 bedroom apartments at location
3 bedroom apartments at location
|Median apartment rental rate in this zip code||$1,159|
|Population in zip code||23,673|
|Median age of those living in this zip code||38.5|
|Average household income of those living in this zip code||$57,345|
|Average home value in this zip code||$247,855|
|Dec 12, 2019||$560.00|
|Feb 6, 2017||$560.00|
|Apr 6, 2017||$756.00|
|Jun 26, 2016||$200.00|
|Aug 8, 2016||$400.00||Cost added by someone who called|