Palmetto Villas is managed by Flynn Management Corporation.
Palmetto Villas in Palmetto, Florida, offers two and three bedroom residences in single story designs. Each residence features a contemporary layout with step-saver kitchen. Palmetto Villas is the perfect community for those looking for affordable living apartments in the Palmetto/Bradenton area.
Palmetto Villas is in easy driving distance to the Gulf of Mexico, shopping, schools and banking. A major hospital is within a few minutes drive. Several elementary schools, two middle schools and Palmetto High School are nearby.
The City of Palmetto is part of the Bradenton-Sarasota-Venice metropolitan area. Tampa and St. Petersburg are only a short drive away. Emerson Point Preserve on Snead Island is a favorite place to visit for picnics, jet skiing, fishing and enjoying nature at its best. Imperial Lakewoods Golf Course is an 18-hole championship course in Palmetto offering some challenging golf. Anna Maria Island provides a beautiful, white sandy beach right on the Gulf of Mexico.
Visit us soon and discover how you can enjoy living at Palmetto Villas. We will gladly show you how easy it is to make your home here.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 899 | $675 |
Three Bedroom (3/1) | 1050 | $700 |
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 Palmetto but actual income limits may differ for units at Palmetto Villas.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $32,000 | $36,600 | $41,150 | $45,700 | $49,400 | $53,050 |
Low Income (60%) | $38,400 | $43,920 | $49,380 | $54,840 | $59,280 | $63,660 |
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.
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.
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.