About This Property
Covenant Villas contains 144 affordable rental units in Belle Glade, Florida, serving families through a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2019 and is supported by 9% Low-Income Housing Tax Credits. Units include 16 one-bedroom, 80 two-bedroom, and 48 three-bedroom apartments.
Property Details
Fair Market Rent - Palm Beach 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 | $1,573 |
| 1 Bedroom | $1,851 |
| 2 Bedroom | $2,226 |
| 3 Bedroom | $2,942 |
| 4 Bedroom | $3,556 |
Income Limits - Palm Beach County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $20,600
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $23,150
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,800
- Low (80%)
- $68,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,250
- Low (80%)
- $74,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,650
- Low (80%)
- $79,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,100
- Low (80%)
- $84,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,500
- Low (80%)
- $90,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,000 | $30,000 | $47,950 |
| 2 Persons | $20,600 | $34,250 | $54,800 |
| 3 Persons | $23,150 | $38,550 | $61,650 |
| 4 Persons | $26,500 | $42,800 | $68,500 |
| 5 Persons | $31,040 | $46,250 | $74,000 |
| 6 Persons | $35,580 | $49,650 | $79,500 |
| 7 Persons | $40,120 | $53,100 | $84,950 |
| 8 Persons | $44,660 | $56,500 | $90,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Belle Glade, FL?+
The Fair Market Rent (FMR) for Palm Beach County, FL is: $1573 (Studio), $1851 (1BR), $2226 (2BR), $2942 (3BR), $3556 (4BR). Actual rent at subsidized properties like Covenant Villas is typically 30% of household income or less.
What size apartments are available at Covenant Villas?+
Covenant Villas offers the following unit types: 16 One-Bedroom, 80 Two-Bedroom, 48 Three-Bedroom units, for a total of 144 units.
How do I apply for housing at Covenant Villas?+
Covenant Villas 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 Covenant Villas?+
Covenant Villas primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Covenant Villas?+
Covenant Villas is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Palm Beach County, FL?+
For a 4-person household in Palm Beach County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,800, Low Income (80% AMI): $68,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Belle Glade, FL?+
Based on Fair Market Rent for Palm Beach County, the estimated price range is: 1-bedroom: $1851, 2-bedroom: $2226, 3-bedroom: $2942. Actual rent at Covenant Villas may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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