1866 NE 5th St, Boynton Beach, FL 33435
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 - 3 Baths | 1,071 - 1,590 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
They are proud to be a smoke-free community.
Enjoy a lifestyle of infinite serenity, minutes from the seaside and convenient to all of your other needs, where you can be close to it all and have it all in the same breath.
Embrace an intimate resort-like setting, and then call it "home".
The Preserve at Boynton Beach is perfection in the details: Meticulously manicured landscaping flanks quiet, graciously curving streets and beautiful keystone driveways welcome you to each Mediterranean style townhome.
Hear the breeze rustle softly through the trees and the light chatter of birds in the distance as you stroll toward the lovely and well-appointed clubhouse. Sunlight dancing on the shimmering pool catches your eye and invites you to relax under one of the shade cabanas. You cannot help but watch an exotic bird stroll through the flowers poolside.
Exhale...Breathe...Embrace Your New Home. This lifestyle was meant for you!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Preserve at Boynton Beach does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom-Banyan (2/2) | 1071ft2 | Call for Price† |
| Three Bedroom-Hibiscus (3/3) | 1544ft2 | Call for Price† |
| Three Bedroom-Cypress (3/2) | 1561ft2 | Call for Price† |
| Three Bedroom-Palm (3/3) | 1590ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,100 / year | $39,000 / year | $43,850 / year | $48,700 / year | $52,600 / year | $56,500 / year |
| 50% AMI for PBRA Units | $34,100 / year | $39,000 / year | $43,850 / year | $48,700 / year | $52,600 / year | $56,500 / year |
| 60% AMI for LIHTC Units | $40,920 / year | $46,800 / year | $52,620 / year | $58,440 / year | $63,120 / year | $67,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Preserve at Boynton Beach have a waiting list?
The Preserve at Boynton Beach probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Preserve at Boynton Beach?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Preserve at Boynton Beach?
The Preserve at Boynton Beach is managed by Cornerstone Corporation headquartered in Westwood, Massachusetts.
In addition to The Preserve at Boynton Beach, how many other affordable housing properties (and units) are there in Boynton Beach?
In addition to The Preserve at Boynton Beach, we list 4 other affordable properties in Boynton Beach. Learn about these properties here. Our data research shows that there are a total of 762 affordable units in Boynton Beach.
When was the The Preserve at Boynton Beach listing last updated?
The Preserve at Boynton Beach listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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