Boynton Bay

499 Boynton Bay Cir, Boynton Beach, FL 33435

Waiting List Forecast: Closed

check_circleVerified for 2024 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Information

Boynton Bay Apartments, 1, 2 and 3-Bedroom Waiting List

Go to the public housing authority page for this waiting list >>

Boynton Bay Apartments is located at 499 Boynton Bay Circle, Boynton Beach Florida 33435, and has one (1), two (2) and three (3) bedroom units. 

 

Dave's Thoughts On Boynton Bay

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 Boynton Bay 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Boynton Bay Amenities

  • On-Site Parking

Units at Boynton Bay

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Income Qualification for Boynton Bay

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $34,100 / year $39,000 / year $43,850 / year $48,700 / year $52,600 / year $56,500 / year $60,400 / year $64,300 / year
50% AMI for PBRA Units $34,100 / year $39,000 / year $43,850 / year $48,700 / year $52,600 / year $56,500 / year $60,400 / year $64,300 / year
60% AMI for LIHTC Units $40,920 / year $46,800 / year $52,620 / year $58,440 / year $63,120 / year $67,800 / year $72,480 / year $77,160 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Boynton Bay

Does Boynton Bay have a waiting list?

Boynton Bay has a waiting list. See above for waiting list details.

Are rents subsidized at Boynton Bay?

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 Boynton Bay, how many other affordable housing properties (and units) are there in Boynton Beach?

In addition to Boynton Bay, we list 29 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 Boynton Bay listing last updated?

Boynton Bay listing on Affordable Housing Online was last updated on 02/21/2024 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Boynton Bay

Ocean Breeze East Apartments

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bed 1-3
payment $926-1207/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Advenir at La Costa

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The Cove at Boynton Beach Apartments

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payment $1704-2581/mo.

Advenir at Banyan Lake

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bed 1-2
payment $1803-2159/mo.

Cortland West Boynton

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bed 3
payment $2761/mo.

Compson Place Apartments

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bed 1-2
payment $1810-2175/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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