Home to College I& II

2305 Husson Ave, Palatka, Florida 32177

Contact Home to College I& II

College Arms I & II Apartments is an affordable apartment home community in Palatka, FL. We offer 24-hour emergency maintenance, a laundry room, a playground and much more. We are conveniently located west of the Palatka Golf Club. and near shopping, dining, and public transportation stops. Please call our site manager for more information.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	705	Call for Price
2 Bedroom (2/1)	759	Call for Price
3 Bedroom (3/1)	930	Call for Price
4 Bedroom (4/2)	1203	Call for Price

Eligibility for Home to College I& II

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 Palatka but actual income limits may differ for units at Home to College I& II.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,580	$19,720	$24,860	$30,000	$34,700	$37,250	$39,850	$42,400
50%	$22,500	$25,700	$28,900	$32,100	$34,700	$37,250	$39,850	$42,400
80%	$35,950	$41,100	$46,250	$51,350	$55,500	$59,600	$63,700	$67,800

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 Palatka but actual income limits may differ for units at Home to College I& II.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$22,500	$25,700	$28,900	$32,100	$34,700	$37,250	$39,850	$42,400

Home to College I& II Details

14 one, two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236
Section 515 Rural Rental Housing

Property Amenities

Playground
Laundry Room
24hr Emergency Maintenance

Unit Amenities

Cable Ready
Walk-in Closet(s)
Window Coverings
Carpet

Nearby Amenities

Close to Dining
Close to Public Transportation
Close to Shopping
Near Schools

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.