Suwannee River Villas

17536 NW 90th Court, Fanning Springs, FL 32693

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
$815 - 825 per Month^†	2 Beds	1 - 1.5 Bath	896 - 915 Sq Ft

Call (352) 463-7689 Email

Waitlist Forecast

Since this property is a USDA Section 515 property with rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Suwannee River Villas in Fanning Springs, Florida, offers two bedroom flats and two bedroom townhouses in single story and two story designs. Each residence features a contemporary layout with step-saver kitchens.

Two story designs provide upstairs/downstairs living with one and one-half baths. Suwannee River Villas is the perfect community for those looking for affordable living apartments in the Fanning Springs area. This property is in a pleasant community in which to live.

Fanning Springs, on the Suwannee River, is an inviting source of cool, clear water that has attracted people for thousands of years. Swimming or snorkeling in the spring is a refreshing activity on a hot day. White-tailed deer, gray squirrels, red-shouldered hawks, woodpeckers and barred owls are some of the creatures that live in the park. Manatees often appear at the spring in the winter.

Visit us soon and discover how you, too can enjoy living at Suwannee River Villas. We will gladly show you how easy it is to make your home here. Rental assistance available to qualified applicants.

Dave's Thoughts On Suwannee River Villas

Because it participates in the USDA Section 515 Rural Rental Housing program, Suwannee River Villas is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list. These tenants would have to pay the full rent until their name comes up on the list. Section 515 properties often have smaller units, fewer amenities, and are in worse physical condition than other similar properties. USDA has struggled over the years to keep the physical condition of Section 515 properties in good standing due to budget constraints. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the RD515 program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Suwannee River Villas Amenities

Playground
On-Site Manager
Near Park
Laundry Room
Off-Street Parking
Rural Area
On-Site Parking
Window Coverings
Oven and Range
Lawn Care
Private Patios
High Speed Internet Access
24 Hour Maintenance
vinyl tile flooring
Laundry Facility
Frost-Free Refrigerator
Large Closets

Units at Suwannee River Villas

Unit (Bd/Ba)	Ft²	Rent
2 BR (2/1)	896ft²	$815^†
Townhouse (2/1.5)	915ft²	$825^†

Income Qualification for Suwannee River Villas

*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	$30,350 / year	$34,700 / year	$39,050 / year	$43,350 / year
50% AMI for PBRA Units	$30,350 / year	$34,700 / year	$39,050 / year	$43,350 / year
60% AMI for LIHTC Units	$36,420 / year	$41,640 / year	$46,860 / year	$52,020 / year

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

FAQs for Suwannee River Villas

Does Suwannee River Villas have a waiting list?

Suwannee River Villas probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Suwannee River Villas?

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.

What property management company manges Suwannee River Villas?

Suwannee River Villas is managed by Flynn Management Corporation headquartered in Clearwater, Florida.

In addition to Suwannee River Villas, how many other affordable housing properties (and units) are there in Gilchrist County?

In addition to Suwannee River Villas, we list 3 other affordable properties in Gilchrist County. Learn about these properties here. Our data research shows that there are a total of 94 affordable units in Gilchrist County.

Listings Near Suwannee River Villas

^† Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.