Beneva Oak Apartments

650 N Beneva Rd, Sarasota, Florida 34232

Contact Beneva Oak Apartments

Beneva Oaks in Sarasota, Florida, is a well-maintained, low-income housing apartment community for seniors. Rent is based on income. Tenants pay approximately one third of their monthly income as a monthly rental payment. The federal government provides rental subsidy through the Section 8 Rental Assistance Program.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	521	Call for Price
2 Bedroom (2/1)	668	Call for Price

Eligibility for Beneva Oak Apartments

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 Sarasota but actual income limits may differ for units at Beneva Oak Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$19,200	$21,950	$24,860	$30,000
50%	$32,000	$36,600	$41,150	$45,700
80%	$51,200	$58,500	$65,800	$73,100

Beneva Oak Apartments Details

40 one and two bedroom units.
Section 202 Supportive Housing for the Elderly
Section 221 (d) (3)

Section 202 Supportive Housing for the Elderly

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.