850 Highway 29 North #1, Cantonment, FL 32533
Waiting List Forecast: Likely Short or None
Verified for 2020 by Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
This triplex community is made up of Cottage Hill Apartments, Farm Hill Apartments and Wild Oak Farm Apartments. Built together, they provide a unique apartment community designed to provide a private and relaxed atmosphere of easy Florida living.
All three offer one and two bedroom flats in single story design. Each residence features a contemporary layout with step-saver kitchens. This is the perfect community for those looking for affordable living apartments in the Cantonment/Pensacola area.
This property is on a low traffic street, yet only a few blocks to shopping, banking and medical facilities.
Nearby Pensacola is a seaport on Pensacola Bay that connects to the Gulf of Mexico. It is home to Naval Air Station Pensacola. The air station is home to the famous Blue Angels flight demonstration team and the National Naval Aviation Museum. The main campus of the University of West Florida lies north of the city.
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 Cottage Hill Apartments 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,650 / year | $32,750 / year | $36,850 / year | $40,900 / year | $44,200 / year | $47,450 / year | $50,750 / year | $54,000 / year |
| 50% AMI for PBRA Units | $28,650 / year | $32,750 / year | $36,850 / year | $40,900 / year | $44,200 / year | $47,450 / year | $50,750 / year | $54,000 / year |
| 60% AMI for LIHTC Units | $34,380 / year | $39,300 / year | $44,220 / year | $49,080 / year | $53,040 / year | $56,940 / year | $60,900 / year | $64,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottage Hill Apartments have a waiting list?
Cottage Hill Apartments 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 Cottage Hill Apartments?
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 Cottage Hill Apartments?
Cottage Hill Apartments is managed by Flynn Management Corporation headquartered in Clearwater, Florida.
In addition to Cottage Hill Apartments, how many other affordable housing properties (and units) are there in Cantonment?
In addition to Cottage Hill Apartments, we list 9 other affordable properties in Cantonment. Learn about these properties here. Our data research shows that there are a total of 358 affordable units in Cantonment.
850 Highway 29 North #1, Cantonment, Florida 32533
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