About This Property
Okeechobee Commons offers 34 low-income residential units in Okeechobee, Florida. The property has been in service since 1994 and receives 4% Low-Income Housing Tax Credit funding. The community is professionally managed to serve eligible low-income households.
Property Details
Fair Market Rent - Okeechobee 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 | $801 |
| 1 Bedroom | $806 |
| 2 Bedroom | $1,059 |
| 3 Bedroom | $1,298 |
| 4 Bedroom | $1,599 |
Income Limits - Okeechobee County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,200
- Low (80%)
- $35,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $29,950
- Low (80%)
- $47,850
- Extremely Low (30%)
- $32,150
- Very Low (50%)
- $32,150
- Low (80%)
- $51,400
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,050 |
| 2 Persons | $17,420 | $22,200 | $35,450 |
| 3 Persons | $21,960 | $24,950 | $39,900 |
| 4 Persons | $26,500 | $27,700 | $44,300 |
| 5 Persons | $29,950 | $29,950 | $47,850 |
| 6 Persons | $32,150 | $32,150 | $51,400 |
| 7 Persons | $34,350 | $34,350 | $54,950 |
| 8 Persons | $36,600 | $36,600 | $58,500 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Okeechobee, FL?+
The Fair Market Rent (FMR) for Okeechobee County, FL is: $801 (Studio), $806 (1BR), $1059 (2BR), $1298 (3BR), $1599 (4BR). Actual rent at subsidized properties like Okeechobee Commons is typically 30% of household income or less.
What are the income limits for affordable housing in Okeechobee County, FL?+
For a 4-person household in Okeechobee County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.
Who manages Okeechobee Commons?+
Okeechobee Commons is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Okeechobee Commons?+
Okeechobee Commons 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.