About This Property
Bell Ridge II offers 48 low-income residential units in Pace, Florida, comprising 24 two-bedroom and 24 three-bedroom apartments designed to serve families. The property has been in service since 2007 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing for its operation.
Property Details
Fair Market Rent - Santa Rosa 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 | $1,048 |
| 1 Bedroom | $1,098 |
| 2 Bedroom | $1,278 |
| 3 Bedroom | $1,747 |
| 4 Bedroom | $2,167 |
Income Limits - Santa Rosa County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,550
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,550
- Low (80%)
- $55,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,100
- Low (80%)
- $64,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,850
- Low (80%)
- $68,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,650
- Low (80%)
- $73,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,550 | $24,200 | $38,750 |
| 2 Persons | $17,420 | $27,650 | $44,250 |
| 3 Persons | $21,960 | $31,100 | $49,800 |
| 4 Persons | $26,500 | $34,550 | $55,300 |
| 5 Persons | $31,040 | $37,350 | $59,750 |
| 6 Persons | $35,580 | $40,100 | $64,150 |
| 7 Persons | $40,120 | $42,850 | $68,600 |
| 8 Persons | $44,660 | $45,650 | $73,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pace, FL?+
The Fair Market Rent (FMR) for Santa Rosa County, FL is: $1048 (Studio), $1098 (1BR), $1278 (2BR), $1747 (3BR), $2167 (4BR). Actual rent at subsidized properties like Bell Ridge Ii is typically 30% of household income or less.
What size apartments are available at Bell Ridge Ii?+
Bell Ridge Ii offers the following unit types: 24 Two-Bedroom, 24 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Pace, FL?+
Based on Fair Market Rent for Santa Rosa County, the estimated price range is: 2-bedroom: $1278, 3-bedroom: $1747. Actual rent at Bell Ridge Ii may be lower for income-eligible households.
Who manages Bell Ridge Ii?+
Bell Ridge Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Bell Ridge Ii?+
Bell Ridge Ii 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 are the income limits for affordable housing in Santa Rosa County, FL?+
For a 4-person household in Santa Rosa County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,550, Low Income (80% AMI): $55,300. These limits are set by HUD and updated annually.
Who is eligible to live at Bell Ridge Ii?+
Bell Ridge Ii 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.
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