Banyan Grove LIHTC Stock Island, FL
Profile last updated · Data vintage: HUD LIHTC 2024
Banyan Grove is a Low-Income Housing Tax Credit (LIHTC) community in Stock Island, FL with 48 units. Rents are set relative to household income.
48
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 5455 Macdonald Ave, Stock Island, FL 33040 Map → |
| Tax-credit (LI) units | 48 |
| Placed in service | 2013 |
How to apply at Banyan Grove
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at 5455 Macdonald Ave, Stock Island; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Mariner's Cove - Key West LIHTC | Key West | 1.7 km |
| Poinciana Royale LIHTCPB Section 8 | Key West | 1.7 km |
| Senior Citizen Plaza Public Housing | Key West | 2.8 km |
| Lang Milian Apartments Public Housing | Key West | 3.5 km |
| Marty's Place LIHTC | Key West | 4 km |
| Quarry Ii LIHTC | Big Coppit Island | 4.3 km |
| Quarry LIHTC | Key West | 4.3 km |
| Quarry Iii LIHTCPB Section 8 | Key West | 4.3 km |
← All subsidized housing in Stock Island
Frequently asked questions
What kind of subsidy does Banyan Grove have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Banyan Grove?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Banyan Grove?
Contact the management office at 5455 Macdonald Ave in Stock Island. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.