Park At Palm Bay Palm Bay

About This Building

Affordable Housing Option in Palm Bay, FL: Park At Palm Bay Introduction: Park At Palm Bay is a Low-Income Housing Tax Credit apartment complex located in Palm Bay, FL. This rental community offers affordable housing options for individuals looking for housing support. LIHTC Program: Supported by the LIHTC program, these apartments provide incentives to builders and developers to offer affordable housing options to low-income individuals. The program implements rent and income restrictions, ensuring that eligible residents can access affordable housing. Rent and Income Restrictions: The maximum rent charged in this apartment complex is based on the Area Median Income (AMI). However, it is important to note that the AMI may make this complex unaffordable for some low-income individuals. It is recommended to check the current rental rates to determine if this is a suitable option for you. Number of Apartments: Park At Palm Bay consists of 234 low-income apartments. As demand for affordable housing is high, it is common for these apartments to have waiting lists. Application Process: To apply and determine if you qualify to live at Park At Palm Bay, it is advisable to contact the complex directly using the provided phone number. Remember that all expected adult residents' income must be included and verified during the application process. For more details, please inquire. Available Apartment Types: Park At Palm Bay offers different apartment types to cater to various needs: - 1 bedroom apartments - 2 bedroom apartments - 3 bedroom apartments Conclusion: Park At Palm Bay provides an opportunity for individuals seeking affordable housing in Palm Bay, FL. Through the LIHTC program, this apartment complex aims to satisfy the housing needs of low-income households. Contact the complex directly for more information and to determine if you are eligible to live here.