About This Property
Jasmine Cay provides 72 low-income rental units in Naples, Florida, comprising 64 two-bedroom and 8 three-bedroom apartments. The property has served families since 1995 and utilizes 9% Low-Income Housing Tax Credits. The community is managed by experienced property professionals.
Property Details
Fair Market Rent - Collier 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 | $1,328 |
| 1 Bedroom | $1,493 |
| 2 Bedroom | $1,782 |
| 3 Bedroom | $2,375 |
| 4 Bedroom | $2,497 |
Income Limits - Collier County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $20,250
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $22,800
- Very Low (50%)
- $37,950
- Low (80%)
- $60,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,150
- Low (80%)
- $67,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,550
- Low (80%)
- $72,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,900
- Low (80%)
- $78,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,300
- Low (80%)
- $83,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,650
- Low (80%)
- $89,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,550 | $47,250 |
| 2 Persons | $20,250 | $33,750 | $54,000 |
| 3 Persons | $22,800 | $37,950 | $60,750 |
| 4 Persons | $26,500 | $42,150 | $67,450 |
| 5 Persons | $31,040 | $45,550 | $72,850 |
| 6 Persons | $35,580 | $48,900 | $78,250 |
| 7 Persons | $40,120 | $52,300 | $83,650 |
| 8 Persons | $44,660 | $55,650 | $89,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Naples, FL?+
The Fair Market Rent (FMR) for Collier County, FL is: $1328 (Studio), $1493 (1BR), $1782 (2BR), $2375 (3BR), $2497 (4BR). Actual rent at subsidized properties like Jasmine Cay is typically 30% of household income or less.
What size apartments are available at Jasmine Cay?+
Jasmine Cay offers the following unit types: 64 Two-Bedroom, 8 Three-Bedroom units, for a total of 72 units.
Who is eligible to live at Jasmine Cay?+
Jasmine Cay primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Jasmine Cay?+
Jasmine Cay is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Naples, FL?+
Based on Fair Market Rent for Collier County, the estimated price range is: 2-bedroom: $1782, 3-bedroom: $2375. Actual rent at Jasmine Cay may be lower for income-eligible households.
What are the income limits for affordable housing in Collier County, FL?+
For a 4-person household in Collier County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,150, Low Income (80% AMI): $67,450. These limits are set by HUD and updated annually.
How do I apply for housing at Jasmine Cay?+
Jasmine Cay 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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