About This Property
Green Cay Village contains 160 low-income residential units in Boynton Beach, Florida, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 2007 and is funded through tax-exempt bonds with 4% Low-Income Housing Tax Credits. The community offers 16 one-bedroom units, 80 two-bedroom units, and 64 three-bedroom units.
Property Details
Fair Market Rent - Palm Beach 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 | $1,573 |
| 1 Bedroom | $1,851 |
| 2 Bedroom | $2,226 |
| 3 Bedroom | $2,942 |
| 4 Bedroom | $3,556 |
Income Limits - Palm Beach County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $47,950
- Extremely Low (30%)
- $20,600
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $23,150
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,800
- Low (80%)
- $68,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,250
- Low (80%)
- $74,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,650
- Low (80%)
- $79,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,100
- Low (80%)
- $84,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,500
- Low (80%)
- $90,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,000 | $30,000 | $47,950 |
| 2 Persons | $20,600 | $34,250 | $54,800 |
| 3 Persons | $23,150 | $38,550 | $61,650 |
| 4 Persons | $26,500 | $42,800 | $68,500 |
| 5 Persons | $31,040 | $46,250 | $74,000 |
| 6 Persons | $35,580 | $49,650 | $79,500 |
| 7 Persons | $40,120 | $53,100 | $84,950 |
| 8 Persons | $44,660 | $56,500 | $90,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Boynton Beach, FL?+
The Fair Market Rent (FMR) for Palm Beach County, FL is: $1573 (Studio), $1851 (1BR), $2226 (2BR), $2942 (3BR), $3556 (4BR). Actual rent at subsidized properties like Green Cay Village is typically 30% of household income or less.
What size apartments are available at Green Cay Village?+
Green Cay Village offers the following unit types: 16 One-Bedroom, 80 Two-Bedroom, 64 Three-Bedroom units, for a total of 160 units.
What is the price range for apartments in Boynton Beach, FL?+
Based on Fair Market Rent for Palm Beach County, the estimated price range is: 1-bedroom: $1851, 2-bedroom: $2226, 3-bedroom: $2942. Actual rent at Green Cay Village may be lower for income-eligible households.
Who manages Green Cay Village?+
Green Cay Village is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Green Cay Village?+
Green Cay Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Palm Beach County, FL?+
For a 4-person household in Palm Beach County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,800, Low Income (80% AMI): $68,500. These limits are set by HUD and updated annually.
How do I apply for housing at Green Cay Village?+
Green Cay Village 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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