2206 Hammock Square, Lynn Haven, FL 32444
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $741 - 1,032 per Month† | 1 - 3 Beds | 1 - 2 Baths | 742 - 1,277 Sq Ft |
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.
Pinnacle at Hammock Square is a modern and luxurious community located in the heart of Lynn Haven near Panama City Florida and its beautiful beaches. Pinnacle at Hammock Square apartments features spacious 1, 2 and 3 bedroom apartment homes with “open-air” living, dining, and kitchen areas, as well as large bedrooms with ample closet space. The apartment homes in Pinnacle at Hammock Square include dine-in kitchens with adjoining dining rooms, fully equipped kitchens with energy star appliances, bay windows, ceiling fans, tile floors and hard surface counter-tops.
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 Pinnacle at Hammock Springs 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.
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| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 742ft2 | $741† |
| 2 Bedroom (2/2) | 1049ft2 | $891† |
| 3 Bedroom (3/2) | 1277ft2 | $1,032† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,550 / year | $31,500 / year | $35,450 / year | $39,350 / year | $42,500 / year | $45,650 / year |
| 50% AMI for PBRA Units | $27,550 / year | $31,500 / year | $35,450 / year | $39,350 / year | $42,500 / year | $45,650 / year |
| 60% AMI for LIHTC Units | $33,060 / year | $37,800 / year | $42,540 / year | $47,220 / year | $51,000 / year | $54,780 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pinnacle at Hammock Springs have a waiting list?
Pinnacle at Hammock Springs 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 Pinnacle at Hammock Springs?
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 Pinnacle at Hammock Springs?
Pinnacle at Hammock Springs is managed by Professional Management, Inc. (PMI) headquartered in Miami, FL.
In addition to Pinnacle at Hammock Springs, how many other affordable housing properties (and units) are there in Lynn Haven?
In addition to Pinnacle at Hammock Springs, we list 32 other affordable properties in Lynn Haven. Learn about these properties here. Our data research shows that there are a total of 600 affordable units in Lynn Haven.
When was the Pinnacle at Hammock Springs listing last updated?
Pinnacle at Hammock Springs listing on Affordable Housing Online was last updated on 02/11/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
2206 Hammock Square Dr, Lynn Haven, Florida 32444
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