Colonial Park Apartments Margate

About This Building

Colonial Park Margate: Affordable Senior Apartments in Margate, FL Discover Colonial Park Margate, a remarkable Low-Income Housing Tax Credit apartment community exclusively for individuals aged 55 years and older. If you are searching for an affordable housing option, look no further. These rental apartments are supported by the LIHTC, ensuring that program rent and income restrictions are applicable. Promoting Affordable Housing Through the LIHTC program, builders and developers are incentivized to provide affordable housing solutions for low-income individuals. Notably, the maximum rent charged is based on the Area Median Income (AMI). However, it is essential to note that some low-income persons may still find this apartment unaffordable due to the AMI limitation. Take a moment to check the current rental rates and assess if this opportunity suits your budgetary needs. 159 Low Income Apartments Colonial Park Margate boasts 159 low-income apartments, catering to those in need. As is typical these days, most apartments have waiting lists. Nevertheless, we have provided this listing to empower you to take action. You can directly contact the property management at the number provided to inquire about application and qualification requirements. Owned by TRIAD HSG PARTNERS The apartment community is owned by TRIAD HSG PARTNERS, a reputable entity based in Davie, FL (zip code 33317-7426). Tips for LIHTC Units Familiarize yourself with the concept of LIHTC (Low Income Tax Credit) units available for rent. These units are subject to specific guidelines and regulations to promote affordable housing options for low-income individuals and families. Application Details When submitting an application for Colonial Park Margate, you must include and verify the income of all adults expected to reside in the apartment. For more information and specific details, please call the property management. 1 Bedroom and 2 Bedroom Apartments Available At Colonial Park Margate, you can choose from a selection of 1 bedroom and 2 bedroom apartments. Select the perfect layout that suits your needs and preferences. Structure of the Text: 1. Introduction to Colonial Park Margate: Affordable Senior Apartments in Margate, FL 2. Promoting Affordable Housing through LIHTC 3. Number of Low-Income Apartments Available 4. Ownership Information: TRIAD HSG PARTNERS 5. Tips for Renting LIHTC Units 6. Application Details 7. Availability of 1 Bedroom and 2 Bedroom Apartments.