Summer Trace LIHTC Panacea, FL
Profile last updated · Data vintage: HUD LIHTC 2024
Summer Trace is a Low-Income Housing Tax Credit (LIHTC) community in Panacea, FL with 30 units. Rents are set relative to household income.
30
total units
—
occupancy
—
avg resident rent
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reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 45 Otter Lake Rd, Panacea, FL 32346 Map → |
| Tax-credit (LI) units | 30 |
| Placed in service | 1998 |
How to apply at Summer Trace
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 45 Otter Lake Rd, Panacea; 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.
← All subsidized housing in Panacea
Frequently asked questions
What kind of subsidy does Summer Trace 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 Summer Trace?
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 Summer Trace?
Contact the management office at 45 Otter Lake Rd in Panacea. 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.