Banyan Bay Apartments

About This Building

Overview of Banyan Bay Apartments: - Total number of apartments: 336 - Number of low income apartments: 68 - Breakdown of apartment types: - One-bedroom apartments: 108 - Two-bedroom apartments: 132 - Three-bedroom apartments: 80 Types of Apartments Available at Banyan Bay: - Senior Apartments - Family Apartments Affordability Details: - Banyan Bay offers Section 42, LIHTC (Low Income Tax Credit) apartment properties. - Rent is based on the Area Medium Income (AMI) and tenant based utility allowances. - At least 20% of the apartments must provide low rates for low-income tenants. Waitlists: - Most low-income apartments at Banyan Bay have waiting lists. - It may take several years to be called for openings. - It is advisable to try to get on multiple waiting lists. Contacting Banyan Bay: - Phone numbers and websites are provided for direct contact with Banyan Bay Apartments. - It is recommended to call the apartments directly to inquire about openings or waiting list availability. Apartment Rates: - Current apartment rates are provided on many listing pages. - HUD listings do not have published rates but are based on 30% of the renter's adjustable gross income. - Contacting the apartments is necessary to determine if you qualify for income-based rent.