Panasoffkee Family Apartments

About This Building

Affordable Housing Options for Rent 1. Panasoffkee Family Apartments - Total number of apartments: 36 - All apartments qualify as low-income housing - Rent is determined based on average income and utility costs in the area - At least one-fifth of the apartments offer reduced rates for eligible tenants 2. Section 42 Program - Provides tax credits to landlords who rent to low-income tenants - Helps people with moderate incomes find affordable housing - Rent rates are below market rates - Full rent payment required by tenants - Eligibility is not based on individual income, but on the income limit set for the area Important Information: 1. Waiting Lists - Most low-income apartments have waiting lists - Waiting times can range from several months to years - It is recommended to apply to multiple waiting lists to increase chances of getting a spot 2. Direct Contact - Phone numbers and websites provided for direct contact with apartments - Call apartments directly to inquire about current openings or waiting list status 3. Apartment Rates - Current apartment rates available on listing pages - HUD listings do not have published rates - Rates are determined based on 30% of the renter's adjusted gross income - Contact the apartments for income-based rent qualification assessment