Royal Palm Place

1715 Division Ave, West Palm Beach, FL 33407

Waiting List Forecast: Closed

check_circleVerified for 2023 by Ric Gresia
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Waitlist Information

Royal Palm Place, Veteran and Waiting List

Go to the public housing authority page for this waiting list >>

Royal Palm Place has 125 units of elderly housing with a preference for Veterans.

Dave's Thoughts On Royal Palm Place

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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the RAD Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Royal Palm Place has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Royal Palm Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $20,450 / year $23,400 / year $26,300 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $34,100 / year $39,000 / year $43,850 / year $48,700 / year $52,600 / year $56,500 / year $60,400 / year $64,300 / year
50% AMI for PBRA Units $34,100 / year $39,000 / year $43,850 / year $48,700 / year $52,600 / year $56,500 / year $60,400 / year $64,300 / year
60% AMI for LIHTC Units $40,920 / year $46,800 / year $52,620 / year $58,440 / year $63,120 / year $67,800 / year $72,480 / year $77,160 / year
80% AMI for PBRA Units $54,550 / year $62,350 / year $70,150 / year $77,900 / year $84,150 / year $90,400 / year $96,600 / year $102,850 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Royal Palm Place

Does Royal Palm Place have a waiting list?

Royal Palm Place has a waiting list. See above for waiting list details.

Are rents subsidized at Royal Palm Place?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Royal Palm Place, how many other affordable housing properties (and units) are there in West Palm Beach?

In addition to Royal Palm Place, we list 47 other affordable properties in West Palm Beach. Learn about these properties here. Our data research shows that there are a total of 6690 affordable units in West Palm Beach.

When was the Royal Palm Place listing last updated?

Royal Palm Place listing on Affordable Housing Online was last updated on 01/01/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.