425 NW 1st Ter, Deerfield Beach, FL 33441
Waiting List Forecast: Closed
Verified for 2024 by Connor Bailey, Lorena Bentley, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 1 Bed | 1 Bath | 534 - 734 Sq Ft |
Palms of Deerfield Apartments Waiting List
The Deerfield Beach Housing (DBHA) last accepted Senior Section 8 Project Based Voucher waiting list applications for Palms of Deerfield Apartments from March 4, 2024, until March 6, 2024. There is no notice when this waiting list will reopen.
This waiting list is for the following property:
To apply while the waitlist was open, applicants were required to complete the online application.
The maximum income limits for each household size were as followed:
Preferences have not been confirmed.
500 selected applicants were placed on the waiting list by random lottery, by order of preferences.
For more information, visit the DBHA website.
Sources: This information was verified by the DBHA public notice on March 6, 2024.
Go to the public housing authority page for this waiting list >>
The Palms of Deerfield Apartments is designated as a senior community. It features a total of 100 one bedroom and efficiency units, secured entry and patrolled grounds, laundry facilities, on site staff and maintenance, and a large community room. The DBHA partners with agencies throughout the community to provide additional services to residents.
Efficiency and one bedroom applications are currently CLOSED for the Palms of Deerfield Apartments for individuals over age 62+ only.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the RAD Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Palms of Deerfield Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 534ft2 | Call for Price† |
| One Bedroom (1/1) | 734ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,200 / year | $23,050 / year | $25,950 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year | $51,850 / year | $55,700 / year | $59,550 / year | $63,400 / year |
| 50% AMI for PBRA Units | $33,600 / year | $38,400 / year | $43,200 / year | $48,000 / year | $51,850 / year | $55,700 / year | $59,550 / year | $63,400 / year |
| 60% AMI for LIHTC Units | $40,320 / year | $46,080 / year | $51,840 / year | $57,600 / year | $62,220 / year | $66,840 / year | $71,460 / year | $76,080 / year |
| 80% AMI for PBRA Units | $53,800 / year | $61,450 / year | $69,150 / year | $76,800 / year | $82,950 / year | $89,100 / year | $95,250 / year | $101,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Palms of Deerfield Apartments have a waiting list?
Palms of Deerfield Apartments has a waiting list. See above for waiting list details.
Are rents subsidized at Palms of Deerfield Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Palms of Deerfield Apartments, how many other affordable housing properties (and units) are there in Deerfield Beach?
In addition to Palms of Deerfield Apartments, we list 16 other affordable properties in Deerfield Beach. Learn about these properties here. Our data research shows that there are a total of 670 affordable units in Deerfield Beach.
When was the Palms of Deerfield Apartments listing last updated?
Palms of Deerfield Apartments listing on Affordable Housing Online was last updated on 03/06/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
411 NW 1st Ter, Deerfield Beach, Florida 33441
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