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The Villas of Capri Apartments

7725 Tara Cir, Naples, Florida 34104

Florida's breathtaking Naples serves as the perfect backdrop for Villas of Capri apartments. Within walking distance of grocery stores, pharmacies, shops, and dining, Villas represents the ideal location. Take some quiet time on your patio, which comes with every two and three bedroom home, or soak up the sun in your one bedroom's solarium. Spend a day with friends on the volleyball court, or splash around in the pool. Here is where your search for the perfect home ends. See what Villas of Capri can offer you and your family, today.

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Last updated on October 16th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - $762
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/2) - $1,040

The Villas of Capri Apartments Details

  • 235 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Sports Courts
  • Laundry Facilities
  • Swimming pool

Unit Amenities

  • Balconies or Patios Available

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.

Naples 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 Naples but actual income limits may differ for units at The Villas of Capri Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,850 $32,950 $37,050 $41,150 $44,450 $47,750 $51,050 $54,350
Low Income (60%) $34,620 $39,540 $44,460 $49,380 $53,340 $57,300 $61,260 $65,220

The Villas of Capri Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

The Villas of Capri Apartments is managed by Broad Management Group.

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