About This Property
Florence Park offers 88 units of affordable housing in Florence, Arizona, with 70 units designated for low-income residents. The property contains 18 two-bedroom and 70 three-bedroom units and has been in service since 1999. This community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Pinal County, AZ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,460 |
| 1 Bedroom | $1,599 |
| 2 Bedroom | $1,877 |
| 3 Bedroom | $2,541 |
| 4 Bedroom | $2,890 |
Income Limits - Pinal County, AZ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,600
- Low (80%)
- $50,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,000
- Low (80%)
- $78,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,150
- Low (80%)
- $83,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,250 |
| 2 Persons | $19,000 | $31,600 | $50,600 |
| 3 Persons | $21,960 | $35,550 | $56,900 |
| 4 Persons | $26,500 | $39,500 | $63,200 |
| 5 Persons | $31,040 | $42,700 | $68,300 |
| 6 Persons | $35,580 | $45,850 | $73,350 |
| 7 Persons | $40,120 | $49,000 | $78,400 |
| 8 Persons | $44,660 | $52,150 | $83,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Florence, AZ?+
The Fair Market Rent (FMR) for Pinal County, AZ is: $1460 (Studio), $1599 (1BR), $1877 (2BR), $2541 (3BR), $2890 (4BR). Actual rent at subsidized properties like Florence Park is typically 30% of household income or less.
What size apartments are available at Florence Park?+
Florence Park offers the following unit types: 18 Two-Bedroom, 70 Three-Bedroom units, for a total of 88 units.
What are the income limits for affordable housing in Pinal County, AZ?+
For a 4-person household in Pinal County, AZ, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,500, Low Income (80% AMI): $63,200. These limits are set by HUD and updated annually.
What is the price range for apartments in Florence, AZ?+
Based on Fair Market Rent for Pinal County, the estimated price range is: 2-bedroom: $1877, 3-bedroom: $2541. Actual rent at Florence Park may be lower for income-eligible households.
How do I apply for housing at Florence Park?+
Florence Park is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Florence Park?+
Florence Park is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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