8246 Omaha Circle, Spring Hill, FL 34606
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Hammock Ridge II is a new 4-story 92-unit development with elevators. The development will be affordable for low income residents and at least one resident shall be a senior age 55 or older.
Construction commenced in the beginning of 2018 and will be completed and placed in service by May of 2019. Amenities will include a communal lobby and a fully furnished gathering area with multiple activity areas throughout. Hammock Ridge II, like all HTG developments, will be a “green” community, as it will be certified under the National Green Building Standards (NGBS) Certification.
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 Hammock Ridge ll 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.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,450 / year | $34,800 / year | $39,150 / year | $43,450 / year | $46,950 / year | $50,450 / year | $53,900 / year | $57,400 / year |
| 50% AMI for PBRA Units | $30,450 / year | $34,800 / year | $39,150 / year | $43,450 / year | $46,950 / year | $50,450 / year | $53,900 / year | $57,400 / year |
| 60% AMI for LIHTC Units | $36,540 / year | $41,760 / year | $46,980 / year | $52,140 / year | $56,340 / year | $60,540 / year | $64,680 / year | $68,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hammock Ridge ll have a waiting list?
Hammock Ridge ll 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 Hammock Ridge ll?
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 Hammock Ridge ll?
Hammock Ridge ll is managed by Housing Trust Group headquartered in coconut grove, FL.
In addition to Hammock Ridge ll, how many other affordable housing properties (and units) are there in Spring Hill?
In addition to Hammock Ridge ll, we list 104 other affordable properties in Spring Hill. Learn about these properties here. Our data research shows that there are a total of 965 affordable units in Spring Hill.
3473 Portillo Rd, Spring Hill, Florida 34608
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