Cypress Village

4520 Glenford Blvd, Fort Myers, FL 33966

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 - 2 Baths	650 - 951 Sq Ft

Call (239) 931-0676 Email

Waitlist Forecast

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.

Cypress Village is a new apartment development conveniently located in Fort Myers, Florida. This mid-rise housing community consists of 77 one-bedroom and 18 two-bedroom units totaling 95 units. All apartments are equipped with multiple energy efficient features. Amenities include a clubhouse, on-site laundry, a beautiful pool, fitness center, ample parking, and on-site case managers who are there to provide assistance and support to any households that are interested.

Dave's Thoughts On Cypress Village

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 Cypress Village 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

Units at Cypress Village

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	650ft²	Call for Price^†
2 Bedroom (2/2)	951ft²	Call for Price^†

Income Qualification for Cypress Village

*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	$29,800 / year	$34,050 / year	$38,300 / year	$42,550 / year
50% AMI for PBRA Units	$29,800 / year	$34,050 / year	$38,300 / year	$42,550 / year
60% AMI for LIHTC Units	$35,760 / year	$40,860 / year	$45,960 / year	$51,060 / year

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

FAQs for Cypress Village

Does Cypress Village have a waiting list?

Cypress Village 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 Cypress Village?

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 Cypress Village?

Cypress Village is managed by Carteret Management headquartered in Tampa, FL.

In addition to Cypress Village, how many other affordable housing properties (and units) are there in Fort Myers?

In addition to Cypress Village, we list 78 other affordable properties in Fort Myers. Learn about these properties here. Our data research shows that there are a total of 4246 affordable units in Fort Myers.

When was the Cypress Village listing last updated?

Cypress Village listing on Affordable Housing Online was last updated on 02/09/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.