Hammock At Stuart Villa Apartments

About This Building

Number of Apartments and Types of Units - Total number of apartments: 32 - Total number of low-income apartments: 32 - Types of units available: Senior apartments, Family apartments Affordable Housing Program - Hammock At Stuart Villa offers Section 42, LIHTC (Low Income Tax Credit) apartment properties. - Rents are determined based on the Area Medium Income (AMI) and tenant-based utility allowances. - At least 20% of the apartments are required to provide low rates for low-income tenants. - This program is designed for individuals and families with moderate incomes, providing below market rents for those who qualify. - It is not a subsidized housing program; residents are responsible for paying their full rent amount each month. - Rental amounts are based on pre-set income limits in the area, not on individual household income. - To be eligible, a household's gross income must be below the pre-set income limit for the area. Important Information Waiting Lists - Most low-income apartments have waiting lists, and it may take a long time to be called for openings. - It is advisable to get on multiple waiting lists to increase the chances of securing a spot. Contacting Apartments - We provide phone numbers and websites for direct contact with the apartments. - Residents can call the apartments directly to inquire about current openings or waiting lists. Apartment Rates - Current apartment rates are provided on many listing pages, but most HUD listings do not have published rates. - Rates are typically based on 30% of the renter's adjustable gross income. - Contacting the apartments directly is necessary to determine if one qualifies for income-based rent.