1651 36th Ave E, Ellenton, FL 34222
Waiting List Forecast: Likely Short or None
Verified for 2024 by Andrianna Gardner, Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,198 - 1,383 per Month† | 1 - 3 Beds | 1 - 2 Baths | 600 - 1,009 Sq Ft |
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.
Located only minutes from several major entertainment attractions, as well as grocery stores and restaurants, Oaks at Ellenton is in a location convenient to every need. This neighborhood is lined with beautiful landscaping and trees providing a natural setting and providing the perfect secluded feel. This community has all of the amenities you are looking for with a business center, poolside lounge, and ample outdoor space for everything from relaxing to grilling out. Each home has a walk-in closet, open concept floor plan, and an en-suite bathroom making your home just as perfect inside as it is outside.
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 Oaks at Ellenton 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.
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| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 600ft2 | Call for Price† |
| Two Bedroom (2/1) | 840ft2 | $1,198† |
| Three Bedroom (3/2) | 1009ft2 | $1,383† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,000 / year | $36,600 / year | $41,150 / year | $45,700 / year | $49,400 / year | $53,050 / year |
| 50% AMI for PBRA Units | $32,000 / year | $36,600 / year | $41,150 / year | $45,700 / year | $49,400 / year | $53,050 / year |
| 60% AMI for LIHTC Units | $38,400 / year | $43,920 / year | $49,380 / year | $54,840 / year | $59,280 / year | $63,660 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Oaks at Ellenton have a waiting list?
Oaks at Ellenton 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 Oaks at Ellenton?
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 Oaks at Ellenton?
Oaks at Ellenton is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Oaks at Ellenton, how many other affordable housing properties (and units) are there in Ellenton?
In addition to Oaks at Ellenton, we list 4 other affordable properties in Ellenton. Learn about these properties here. Our data research shows that there are a total of 559 affordable units in Ellenton.
When was the Oaks at Ellenton listing last updated?
Oaks at Ellenton listing on Affordable Housing Online was last updated on 04/03/2024 by Andrianna Gardner. Remember, a property's status can change so you should contact the property to confirm.
1673 40th Avenue Cir E, Ellenton, Florida 34222
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