About This Property
Pine Terrace consists of 63 low-income units serving families in Callahan, FL, with a mix of 42 one-bedroom and 21 two-bedroom apartments. The property was placed in service in 2011 and utilizes 9% Low-Income Housing Tax Credits. Residents can contact the property management office for lease inquiries and additional information.
Property Details
Fair Market Rent - Nassau 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 | $1,240 |
| 1 Bedroom | $1,354 |
| 2 Bedroom | $1,604 |
| 3 Bedroom | $2,027 |
| 4 Bedroom | $2,579 |
Income Limits - Nassau County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,200
- Low (80%)
- $41,900
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $29,950
- Low (80%)
- $47,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,400
- Low (80%)
- $59,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,400
- Low (80%)
- $69,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,400
- Low (80%)
- $79,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,200 | $41,900 |
| 2 Persons | $18,000 | $29,950 | $47,900 |
| 3 Persons | $21,960 | $33,700 | $53,900 |
| 4 Persons | $26,500 | $37,400 | $59,850 |
| 5 Persons | $31,040 | $40,400 | $64,650 |
| 6 Persons | $35,580 | $43,400 | $69,450 |
| 7 Persons | $40,120 | $46,400 | $74,250 |
| 8 Persons | $44,660 | $49,400 | $79,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Callahan, FL?+
The Fair Market Rent (FMR) for Nassau County, FL is: $1240 (Studio), $1354 (1BR), $1604 (2BR), $2027 (3BR), $2579 (4BR). Actual rent at subsidized properties like Pine Terrace is typically 30% of household income or less.
What size apartments are available at Pine Terrace?+
Pine Terrace offers the following unit types: 42 One-Bedroom, 21 Two-Bedroom units, for a total of 63 units.
What are the income limits for affordable housing in Nassau County, FL?+
For a 4-person household in Nassau County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,400, Low Income (80% AMI): $59,850. These limits are set by HUD and updated annually.
How do I apply for housing at Pine Terrace?+
Pine Terrace 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.
What is the price range for apartments in Callahan, FL?+
Based on Fair Market Rent for Nassau County, the estimated price range is: 1-bedroom: $1354, 2-bedroom: $1604. Actual rent at Pine Terrace may be lower for income-eligible households.
Who manages Pine Terrace?+
Pine Terrace is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Pine Terrace?+
Pine Terrace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.