Low Income (LIHTC)

Inverness Club

518 Ella Ave, Inverness, FL, 34450

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Inverness Club is a 74-unit affordable housing community in Inverness, FL, with 72 units designated for low-income households. The property has been in service since 1991 and is financed through 4% Low-Income Housing Tax Credits. The community is professionally managed to serve Citrus County residents.

Property Details

Total Units

Fair Market Rent - Citrus County, FL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$848
1 Bedroom	$853
2 Bedroom	$1,116
3 Bedroom	$1,554
4 Bedroom	$1,894

Income Limits - Citrus County, FL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $12,880
Very Low (50%): $19,400
Low (80%): $31,050

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $22,200
Low (80%): $35,450

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $24,950
Low (80%): $39,900

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $27,700
Low (80%): $44,300

5 Persons

Extremely Low (30%): $29,950
Very Low (50%): $29,950
Low (80%): $47,850

6 Persons

Extremely Low (30%): $32,150
Very Low (50%): $32,150
Low (80%): $51,400

7 Persons

Extremely Low (30%): $34,350
Very Low (50%): $34,350
Low (80%): $54,950

8 Persons

Extremely Low (30%): $36,600
Very Low (50%): $36,600
Low (80%): $58,500

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$12,880	$19,400	$31,050
2 Persons	$17,420	$22,200	$35,450
3 Persons	$21,960	$24,950	$39,900
4 Persons	$26,500	$27,700	$44,300
5 Persons	$29,950	$29,950	$47,850
6 Persons	$32,150	$32,150	$51,400
7 Persons	$34,350	$34,350	$54,950
8 Persons	$36,600	$36,600	$58,500

Tax Credit Program Details

Year Placed in Service

1991

LIHTC Credit Type

Low-Income Units

72 / 74

Frequently Asked Questions

What is the average rent for affordable housing in Inverness, FL?+

The Fair Market Rent (FMR) for Citrus County, FL is: $848 (Studio), $853 (1BR), $1116 (2BR), $1554 (3BR), $1894 (4BR). Actual rent at subsidized properties like Inverness Club is typically 30% of household income or less.

What are the income limits for affordable housing in Citrus County, FL?+

For a 4-person household in Citrus County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.

How do I apply for housing at Inverness Club?+

Inverness Club is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Inverness Club?+

Inverness Club is managed by . You can reach them at . Visit their website for more information.

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