Martys Place
1909 Venetia St, Key West, Florida 33040
Newly renovated and enhanced with modern, functional, floor plans, Marty's Place offers affordable housing for the residents of Key West.
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price |
Martys Place Details
- 47 one bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Elevator
- Community Room
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.
Key West 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 Key West but actual income limits may differ for units at Martys Place.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $21,550 | $24,600 | $27,700 | $30,750 | $33,250 | $37,190 | $41,910 | $46,630 |
| 50% | $35,900 | $41,000 | $46,150 | $51,250 | $55,350 | $59,450 | $63,550 | $67,650 |
| 80% | $57,400 | $65,600 | $73,800 | $82,000 | $88,600 | $95,150 | $101,700 | $108,250 |
Martys Place is managed by Monroe County Housing Authority.
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