Colony West Apartments
750 West Main Street, Tavares, Florida 32778
Contact Colony West Apartments
Colony West Apartments is managed by Flynn Management Corporation.
Colony West Apartments offer beautiful garden apartments located in a great location. We are close to the business district with the hospital, library and schools near by. Our 2 & 3 bedroom apartments have central air, storage sheds, patios and more. We have a playground for our younger residence to enjoy!
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 BR (2/2) | 802 | $795 |
| 3 BR (3/2) | 1050 | $830 |
Eligibility for Colony West Apartments
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 Tavares but actual income limits may differ for units at Colony West Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| Very Low Income (50%) | $30,750 | $35,150 | $39,550 | $43,900 | $47,450 | $50,950 |
| Low Income (60%) | $36,900 | $42,180 | $47,460 | $52,680 | $56,940 | $61,140 |
Colony West Apartments Details
- 18 two and three bedroom units.
- Townhouse
- Low-Income Housing Tax Credit (LIHTC)
- Section 521 USDA Rental Assistance
- Section 515 Rural Rental Housing
Property Amenities
- Playground
- 24hr Emergency Maintenance
- Off-Street Parking
- High Speed Internet Access
Unit Amenities
- Ceiling Fan(s)
- Central Air
- Washer and Dryer Hookup
- Cable Ready
- Window Coverings
- Oven and Range
- Central Heat & Air
- Private Patios
- Frost-Free Refrigerator
- Large Closets
Nearby Amenities
- Close to Business District
- Close to Public Transportation
- Near Hospital
- Near Library
- Near Park
- Near Schools
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 521 USDA Rental Assistance
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.
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.
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