About This Property
Nantucket Bay offers 180 low-income rental units in Temple Terrace, Florida, designed to serve elderly residents. The property features a mix of 90 one-bedroom and 90 two-bedroom apartments and has been in service since 1999 with 9% Low-Income Housing Tax Credit financing. Management and leasing information is available through the property contact.
Property Details
Fair Market Rent - Hillsborough County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,449 |
| 1 Bedroom | $1,562 |
| 2 Bedroom | $1,851 |
| 3 Bedroom | $2,367 |
| 4 Bedroom | $2,888 |
Income Limits - Hillsborough County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,850
- Low (80%)
- $41,350
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,250
- Low (80%)
- $53,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,850
- Low (80%)
- $68,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,750
- Low (80%)
- $77,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,850 | $41,350 |
| 2 Persons | $17,750 | $29,550 | $47,250 |
| 3 Persons | $21,960 | $33,250 | $53,150 |
| 4 Persons | $26,500 | $36,900 | $59,050 |
| 5 Persons | $31,040 | $39,900 | $63,800 |
| 6 Persons | $35,580 | $42,850 | $68,500 |
| 7 Persons | $40,120 | $45,800 | $73,250 |
| 8 Persons | $44,660 | $48,750 | $77,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Temple Terrace, FL?+
The Fair Market Rent (FMR) for Hillsborough County, FL is: $1449 (Studio), $1562 (1BR), $1851 (2BR), $2367 (3BR), $2888 (4BR). Actual rent at subsidized properties like Nantucket Bay is typically 30% of household income or less.
What size apartments are available at Nantucket Bay?+
Nantucket Bay offers the following unit types: 90 One-Bedroom, 90 Two-Bedroom units, for a total of 180 units.
Who manages Nantucket Bay?+
Nantucket Bay is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Nantucket Bay?+
Nantucket Bay 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 is eligible to live at Nantucket Bay?+
Nantucket Bay primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Temple Terrace, FL?+
Based on Fair Market Rent for Hillsborough County, the estimated price range is: 1-bedroom: $1562, 2-bedroom: $1851. Actual rent at Nantucket Bay may be lower for income-eligible households.
What are the income limits for affordable housing in Hillsborough County, FL?+
For a 4-person household in Hillsborough County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,900, Low Income (80% AMI): $59,050. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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