Choosing a new home also means choosing a new neighborhood – and as we all know, location is important. Fortunately for our residents, Verdant Cove is a prime location with easy access to SR-20 and downtown Gainesville, FL. With developments at the Gainesville Shopping Center and the Millhopper Shopping Center, you’ll be able to enjoy local shops and stores, and your home base will be only minutes away!
Nearby, you’ll have access to Winn-Dixie and Walmart for all your shopping and grocery needs! If you’d rather dine out than cook, you’ll be happy to find Zaxby’s and Popeye’s Southern Kitchen just moments away! There truly is something for everyone to enjoy at Verdant Cove Apartments!
managed by Artcraft Management
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 700 | Call for Price |
Two Bedroom (2/1) | 930 | Call for Price |
Three Bedroom (3/2) | 1098 | 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 the Low-Income Housing Tax Credit program in Gainesville but actual income limits may differ for units at Verdant Cove.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $30,350 | $34,700 | $39,050 | $43,350 | $46,850 | $50,300 |
Low Income (60%) | $36,420 | $41,640 | $46,860 | $52,020 | $56,220 | $60,360 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.