Glades Diamond and Pioneer is managed by Silver Tree Residential, LLC.
Glades Diamond is a 64-unit Section 8 subsidized apartment community located approximately 40 miles inland from West Palm Beach, near the southern tip of Lake Okeechobee. Glades Diamond serves low-income residents (over the age of 62). Surrounded by the tropical serenity of the everglades; the interior amenities include an administrative office; community room with kitchen, billiard’s table, library, business center and media room. The property also has common laundry facilities for the resident’s convenience. Call us today to make Glades Diamond your new home.
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 Belle Glade but actual income limits may differ for units at Glades Diamond and Pioneer.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $20,450 | $23,400 | $26,300 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 | $60,400 | $64,300 |
80% | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 | $96,600 | $102,850 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.