4809 Lake Worth Rd, Greenacres, FL 33463
Waiting List Forecast: Likely Long or Closed
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 540 Sq Ft |
Since this property is a Section 202 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Villa Madonna is located in beautiful Green Acres, Florida. This pet-friendly housing community is designed for seniors and includes 99 apartment homes. Community features include beautiful tranquil surroundings and there are plenty of activities for our residents such as covered dish events, games, entertainment and more. A service coordinator is on hand to assist residents with social services and any other needs they may have. Come home to Villa Madonna, where communities are built, apartments become homes and residents are like family.
As a modern Section 202 property built after 1990, Villa Madonna only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bed One Bath (1/1) | 540ft2 | 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 | $20,450 / year | $23,400 / year | $26,300 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $34,100 / year | $39,000 / year | $43,850 / year | $48,700 / year | $52,600 / year | $56,500 / year | $60,400 / year | $64,300 / year |
| 50% AMI for PBRA Units | $34,100 / year | $39,000 / year | $43,850 / year | $48,700 / year | $52,600 / year | $56,500 / year | $60,400 / year | $64,300 / year |
| 80% AMI for PBRA Units | $54,550 / year | $62,350 / year | $70,150 / year | $77,900 / year | $84,150 / year | $90,400 / year | $96,600 / year | $102,850 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villa Madonna have a waiting list?
Villa Madonna 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 Villa Madonna?
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 Villa Madonna?
Villa Madonna is managed by SPM Property Managemnt headquartered in Birmingham, al.
In addition to Villa Madonna, how many other affordable housing properties (and units) are there in Greenacres?
In addition to Villa Madonna, we list 13 other affordable properties in Greenacres. Learn about these properties here. Our data research shows that there are a total of 371 affordable units in Greenacres.
5035 Starblaze Dr, Greenacres, Florida 33463
3041 Grandiflora Dr, Greenacres, Florida 33467
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