New Horizons is managed by TM Associates Management, Inc.
New Horizons is an affordable apartment community offering 2- and 3-bedroom units. Each unit is equipped with air conditioning and a playground is featured in the community.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Auburndale but actual income limits may differ for units at New Horizons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $15,000 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 |
50% | $25,000 | $28,600 | $32,150 | $35,700 | $38,600 | $41,450 |
80% | $40,000 | $45,700 | $51,400 | $57,100 | $61,700 | $66,250 |
Section 514/516 direct loan and grant programs provide funds to support the development of adequate, affordable housing for farmworkers that is unlikely to be provided through other means.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.