Pine Meadows Apartments

2626 E. University Ave, Gainesville, Florida 32607

About Pine Meadows
2626 E. University Avenue

  • 80 Single and Duplex Family Units
  • 16 one bedroom units; 651 Square footage
  • ¬†27 two bedroom units; 992 Square footage
  • 26 three bedroom units; 1,085 Square footage
  • 11 four bedroom units; 1,200 Square footage

Waiting List is Closed
Some units at this property are available through Gainesville Housing Authority's 4 and 5-Bedroom Public Housing Waiting List. Learn about this waiting list here.

Units

Unit (Bd/Ba) Ft2 Rent
One Bed One Bath (1/1) 651 Call for Price
Two Bedroom One Bath (2/1) 992 Call for Price
Three Bedroom (3/1.5) 1085 Call for Price
Four Bedroom (4/2) 1200 Call for Price

Pine Meadows Apartments Details

  • 80 1, 2, 3 and 4 bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Parking

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

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.

Gainesville HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Gainesville but actual income limits may differ for units at Pine Meadows Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,200 $19,650 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
80% $45,850 $52,400 $58,950 $65,500 $70,750 $76,000 $81,250 $86,500

Gainesville Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Gainesville but actual income limits may differ for units at Pine Meadows Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,700 $32,800 $36,900 $40,950 $44,250 $47,550 $50,800 $54,100
Low Income (60%) $34,440 $39,360 $44,280 $49,140 $53,100 $57,060 $60,960 $64,920

Pine Meadows Apartments is managed by Royal American Management.

Image of Pine Meadows Apartments

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