3738 W Idlewild Cir, Tampa, FL 33614
Waiting List Forecast: Likely Short or None
Verified for 2023 by Tracy M. McIntosh| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
Silver Lake New Hope Apartments is a 14-unit low-income apartment community located just a short distance away from the 5 freeway in the city of Los Angeles and within walking distance to shops, banks, a community park, a medical clinics and public transportation. We have professionally landscaped grounds, gated parking and a large community room for our residents’ enjoyment. Each apartment includes air conditioning/heating, a laundry washer/dryer and a full kitchen with a stove and refrigerator as well as grab bars in the bathrooms for our residents’ convenience.
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 Silver Lake Apartments 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,450 / year | $34,800 / year | $39,150 / year | $43,450 / year |
| 50% AMI for PBRA Units | $30,450 / year | $34,800 / year | $39,150 / year | $43,450 / year |
| 60% AMI for LIHTC Units | $36,540 / year | $41,760 / year | $46,980 / year | $52,140 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Silver Lake Apartments have a waiting list?
Silver Lake Apartments 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 Silver Lake Apartments?
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 Silver Lake Apartments?
Silver Lake Apartments is managed by Carteret Management headquartered in Tampa, FL.
In addition to Silver Lake Apartments, how many other affordable housing properties (and units) are there in Tampa?
In addition to Silver Lake Apartments, we list 127 other affordable properties in Tampa. Learn about these properties here. Our data research shows that there are a total of 16045 affordable units in Tampa.
When was the Silver Lake Apartments listing last updated?
Silver Lake Apartments listing on Affordable Housing Online was last updated on 01/02/2023 by Tracy M. McIntosh. Remember, a property's status can change so you should contact the property to confirm.
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Mili Rodriguez says:
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