About This Property
Willow Creek offers 120 low-income units in North Port, Florida, serving elderly residents. The property includes 60 one-bedroom and 60 two-bedroom units and has been in service since 2002. It is funded through 9% LIHTC credits.
Property Details
Fair Market Rent - Sarasota 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 | $1,230 |
| 1 Bedroom | $1,502 |
| 2 Bedroom | $1,815 |
| 3 Bedroom | $2,416 |
| 4 Bedroom | $2,875 |
Income Limits - Sarasota County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,050
- Low (80%)
- $43,250
- Extremely Low (30%)
- $18,550
- Very Low (50%)
- $30,900
- Low (80%)
- $49,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,750
- Low (80%)
- $55,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,600
- Low (80%)
- $61,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,700
- Low (80%)
- $66,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,900
- Low (80%)
- $76,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,050 | $43,250 |
| 2 Persons | $18,550 | $30,900 | $49,400 |
| 3 Persons | $21,960 | $34,750 | $55,600 |
| 4 Persons | $26,500 | $38,600 | $61,750 |
| 5 Persons | $31,040 | $41,700 | $66,700 |
| 6 Persons | $35,580 | $44,800 | $71,650 |
| 7 Persons | $40,120 | $47,900 | $76,600 |
| 8 Persons | $44,660 | $51,000 | $81,550 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in North Port, FL?+
The Fair Market Rent (FMR) for Sarasota County, FL is: $1230 (Studio), $1502 (1BR), $1815 (2BR), $2416 (3BR), $2875 (4BR). Actual rent at subsidized properties like Willow Creek is typically 30% of household income or less.
What size apartments are available at Willow Creek?+
Willow Creek offers the following unit types: 60 One-Bedroom, 60 Two-Bedroom units, for a total of 120 units.
Who is eligible to live at Willow Creek?+
Willow Creek primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in North Port, FL?+
Based on Fair Market Rent for Sarasota County, the estimated price range is: 1-bedroom: $1502, 2-bedroom: $1815. Actual rent at Willow Creek may be lower for income-eligible households.
How do I apply for housing at Willow Creek?+
Willow Creek 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 Sarasota County, FL?+
For a 4-person household in Sarasota County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,600, Low Income (80% AMI): $61,750. These limits are set by HUD and updated annually.
Who manages Willow Creek?+
Willow Creek is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.