100 Park Crest Ter, Sebring, FL 33870
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 4 Beds | 2 Baths | 962 - 1,566 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.
Because Park Crest Terrace participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | 962ft2 | Call for Price† |
| Three Bedroom (3/2) | 1138ft2 | Call for Price† |
| Four Bedroom (4/2) | 1566ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $22,950 / year | $26,200 / year | $29,500 / year | $32,750 / year | $35,400 / year | $38,000 / year | $40,650 / year | $43,250 / year |
| 50% AMI for PBRA Units | $22,950 / year | $26,200 / year | $29,500 / year | $32,750 / year | $35,400 / year | $38,000 / year | $40,650 / year | $43,250 / year |
| 60% AMI for LIHTC Units | $27,540 / year | $31,440 / year | $35,400 / year | $39,300 / year | $42,480 / year | $45,600 / year | $48,780 / year | $51,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Park Crest Terrace have a waiting list?
Park Crest Terrace 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 Park Crest Terrace?
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.
In addition to Park Crest Terrace, how many other affordable housing properties (and units) are there in Sebring?
In addition to Park Crest Terrace, we list 25 other affordable properties in Sebring. Learn about these properties here. Our data research shows that there are a total of 570 affordable units in Sebring.
2010 Village Grove Blvd, Sebring, Florida 33870
1848 Martin L King Ter, Sebring, Florida 33870
1219 Citrus Terrace Dr, Sebring, Florida 33870
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."