Park Terrace LIHTC Tampa, FL

Profile last updated · Data vintage: HUD LIHTC 2024

Park Terrace is a Low-Income Housing Tax Credit (LIHTC) community in Tampa, FL with 216 units. Rents are set relative to household income.

216
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address4121 Royal Banyan Dr, Tampa, FL 33610 Map →
Tax-credit (LI) units216
Placed in service2007

How to apply at Park Terrace

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.

  1. Call or visit the management office at 4121 Royal Banyan Dr, Tampa; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Tampa

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Apartments of River Oaks LIHTCTampa1.1 km
Brandywine LIHTCTampa1.1 km
Osborne Landing LIHTCTampa1.4 km
Grande Oaks LIHTCTampa1.7 km
Graham at Gracepoint LIHTCTampa1.7 km
Epiphany Arms §202 SeniorTampa1.7 km
Heights at Gracepoint LIHTCTampa1.7 km
Jackson Heights PB Section 8Tampa2.4 km

← All subsidized housing in Tampa

Frequently asked questions

What kind of subsidy does Park Terrace 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 Park Terrace?
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 Park Terrace?
Contact the management office at 4121 Royal Banyan Dr in Tampa. 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.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.