4260 SE 10th Pl, Gainesville, FL 32641
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 700 - 1,098 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.
Choosing a new home also means choosing a new neighborhood – and as we all know, location is important. Fortunately for our residents, Verdant Cove is a prime location with easy access to SR-20 and downtown Gainesville, FL. With developments at the Gainesville Shopping Center and the Millhopper Shopping Center, you’ll be able to enjoy local shops and stores, and your home base will be only minutes away!
Nearby, you’ll have access to Winn-Dixie and Walmart for all your shopping and grocery needs! If you’d rather dine out than cook, you’ll be happy to find Zaxby’s and Popeye’s Southern Kitchen just moments away! There truly is something for everyone to enjoy at Verdant Cove Apartments!
managed by Artcraft Management
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 Verdant Cove 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 |
|---|---|---|
| One Bedroom (1/1) | 700ft2 | Call for Price† |
| Two Bedroom (2/1) | 930ft2 | Call for Price† |
| Three Bedroom (3/2) | 1098ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,350 / year | $34,700 / year | $39,050 / year | $43,350 / year | $46,850 / year | $50,300 / year |
| 50% AMI for PBRA Units | $30,350 / year | $34,700 / year | $39,050 / year | $43,350 / year | $46,850 / year | $50,300 / year |
| 60% AMI for LIHTC Units | $36,420 / year | $41,640 / year | $46,860 / year | $52,020 / year | $56,220 / year | $60,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Verdant Cove have a waiting list?
Verdant Cove 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 Verdant Cove?
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.
In addition to Verdant Cove, how many other affordable housing properties (and units) are there in Gainesville?
In addition to Verdant Cove, we list 39 other affordable properties in Gainesville. Learn about these properties here. Our data research shows that there are a total of 3841 affordable units in Gainesville.
400 NW 1st Avenue, Gainesville, Florida 32601
8203 NW 31st Ave, Gainesville, Florida 32606
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"
