Opened Fall 2019, Madison Point Apartments provides 1-2 bedroom homes for senior 55+. Located in downtown Clearwater not only are we close to shopping and dining, we provide a wide range of community amenities for our resident to enjoy as well.
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Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Madison Point is managed by Shelter Corporation.