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Send us an email LowIncomeSupport@gmail.com |
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Send us an email LowIncomeSupport@gmail.com |
2437 E 11th St
Panama City, FL - 32401
Total Apartments: 100
Total Low Income Apartments: 100
Two Bedroom (2 bdrm) Apartments: 40
Three Bedroom (3 bdrm) Apartments: 48
Senior Apartments
Family Apartments
Magnolia Pointe (panama City) provides Section 42, LIHTC (Low Income Tax Credit) apartment properties. The rents are based upon the Area Medium Income (AMI) and tenant based utility allowances. At least 20% of these apartments must provide these low rates for low-income tenants.
This affordable housing program is for individuals and families with moderate incomes allowing below market rents for those who qualify. The program is not a subsidized housing program as each resident is responsible for their full amount of rent each month. Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income. To be income eligible, your total household 'gross' income must be less than the pre-set income limit for the area.
TIP: Knowing About LIHTC (Low Income Tax Credit) units for rent.
Income from all of the adults expected to reside at this apartment must be included and verified at application time. Call for more details.
2 bedroom apartments at location
3 bedroom apartments at location
4 bedroom apartments at location
Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.
Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.
Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.
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First rate Magnolia Pointe Apartments:
| Median apartment rental rate in this zip code | $883 |
| Population in zip code | 22,027 |
| Median age of those living in this zip code | 40 |
| Average household income of those living in this zip code | $39,447 |
| Average home value in this zip code | $125,901 |
| Date Added | Cost | Source |
|---|---|---|
| May 18, 2022 | $200.00 | |
| Mar 24, 2022 | $900.00 | |
| Aug 22, 2019 | $200.00 |
| Date Added | Cost | Source |
|---|---|---|
| Dec 19, 2019 | $200.00 | |
| Jul 23, 2019 | $500.00 |
| Date Added | Cost | Source |
|---|---|---|
| Nov 24, 2019 | $400.00 |
| Date Added | Cost | Source |
|---|---|---|
| Apr 11, 2019 | $520.00 | |
| Aug 30, 2016 | $200.00 |
| Date Added | Cost | Source |
|---|---|---|
| Oct 29, 2016 | $900.00 | Cost added by an applicant |
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First rate Magnolia Pointe Apartments:
2206 Hammock Sq Dr, Lynn Haven, FL
1001 Sherman Ave, Panama City, FL
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