Magnolia Gardens

20180 Barnett Rd, Brooksville, FL 34601

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
$777 per Month^†	1 - 2 Beds	1 - 2 Baths	658 - 890 Sq Ft

Call (844) 311-7230

Waitlist Forecast

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.

Magnolia Gardens Senior Apartment Homes. There’s no place like home, and that’s the way you will feel when you live here. This warm, friendly atmosphere is complemented by a distinctive one and two bedroom apartment homes. The spacious floor plans, beautiful landscaping and perfect location are just part of what makes Magnolia Gardens a great place to live. For Florida Relay Service, dial 1-800-955-8771 (TTY)

Dave's Thoughts On Magnolia Gardens

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 Magnolia Gardens 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

Magnolia Gardens Amenities

Fitness Center
Community Room
Business Center
Clubhouse
Library
Private Entrance
Fully Equipped Kitchen
Shuffle Board Table
Laundry Facility
Picnic Area
Full-Size Washer & Dryer Connections

Units at Magnolia Gardens

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	658ft²	$777^†
Two Bedroom (2/2)	890ft²	Call for Price^†

Income Qualification for Magnolia Gardens

*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
50% AMI for LIHTC Units	$30,450 / year	$34,800 / year	$39,150 / year	$43,450 / year
50% AMI for PBRA Units	$30,450 / year	$34,800 / year	$39,150 / year	$43,450 / year
60% AMI for LIHTC Units	$36,540 / year	$41,760 / year	$46,980 / year	$52,140 / year

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

FAQs for Magnolia Gardens

Does Magnolia Gardens have a waiting list?

Magnolia Gardens 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 Magnolia Gardens?

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 Magnolia Gardens?

Magnolia Gardens is managed by The NRP Group LLC headquartered in Cleveland , Ohio.

In addition to Magnolia Gardens, how many other affordable housing properties (and units) are there in Brooksville?

In addition to Magnolia Gardens, we list 37 other affordable properties in Brooksville. Learn about these properties here. Our data research shows that there are a total of 708 affordable units in Brooksville.

When was the Magnolia Gardens listing last updated?

Magnolia Gardens 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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