About This Property
Saxon Trace comprises 192 low-income residential units in Orange City, Florida, serving families across a range of unit sizes including 32 one-bedroom, 80 two-bedroom, 48 three-bedroom, and 32 four-bedroom apartments. The property was placed in service in 2004 and utilizes 4% Low-Income Housing Tax Credits as part of its financing structure. Funding for the development includes tax-exempt bonds.
Property Details
Fair Market Rent - Volusia 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 | $958 |
| 1 Bedroom | $1,152 |
| 2 Bedroom | $1,413 |
| 3 Bedroom | $1,865 |
| 4 Bedroom | $1,925 |
Income Limits - Volusia County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,750
- Very Low (50%)
- $22,900
- Low (80%)
- $36,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,200
- Low (80%)
- $41,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,450
- Low (80%)
- $47,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,950
- Low (80%)
- $60,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,550
- Low (80%)
- $64,900
- Extremely Low (30%)
- $43,200
- Very Low (50%)
- $43,200
- Low (80%)
- $69,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,750 | $22,900 | $36,650 |
| 2 Persons | $17,420 | $26,200 | $41,850 |
| 3 Persons | $21,960 | $29,450 | $47,100 |
| 4 Persons | $26,500 | $32,700 | $52,300 |
| 5 Persons | $31,040 | $35,350 | $56,500 |
| 6 Persons | $35,580 | $37,950 | $60,700 |
| 7 Persons | $40,120 | $40,550 | $64,900 |
| 8 Persons | $43,200 | $43,200 | $69,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Orange City, FL?+
The Fair Market Rent (FMR) for Volusia County, FL is: $958 (Studio), $1152 (1BR), $1413 (2BR), $1865 (3BR), $1925 (4BR). Actual rent at subsidized properties like Saxon Trace is typically 30% of household income or less.
What size apartments are available at Saxon Trace?+
Saxon Trace offers the following unit types: 32 One-Bedroom, 80 Two-Bedroom, 48 Three-Bedroom, 32 Four-Bedroom units, for a total of 192 units.
Who manages Saxon Trace?+
Saxon Trace is managed by . You can reach them at .
What are the income limits for affordable housing in Volusia County, FL?+
For a 4-person household in Volusia County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,700, Low Income (80% AMI): $52,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Orange City, FL?+
Based on Fair Market Rent for Volusia County, the estimated price range is: 1-bedroom: $1152, 2-bedroom: $1413, 3-bedroom: $1865. Actual rent at Saxon Trace may be lower for income-eligible households.
How do I apply for housing at Saxon Trace?+
Saxon Trace is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Saxon Trace?+
Saxon Trace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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