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Independent LivingSenior Apartments✓ Verified
Palatka, Putnam County
Last verified: Thursday, October 22, 2026
Cherry Tree Apartments — USDA Section 515 & LIHTC 62+ Senior Apartments
About This Organization

Located in Palatka's medical district at 206 Zeagler Drive, Palatka, FL 32177 — immediately adjacent to HCA Florida Putnam Hospital, Kiva of Palatka, and specialty physician clinics — Cherry Tree Apartments (Phases I & II) is a `70`-unit single-story independent senior apartment community reserved for older adults age `62+` or disabled residents. Financed and regulated through the USDA Rural Development Section 515 Rural Rental Housing Program (`USDA Rental Assistance`) and the Florida Housing Finance Corporation (FHFC) Low-Income Housing Tax Credit (LIHTC) program, and professionally managed by Flynn Management Corporation (Florida Sunbiz Document #G78940; owner entities Cherry Tree I, LLC `Doc# L02000009894` and Cherry Tree II, Ltd. `Doc# A31492`), the community offers barrier-free ground-level 1-bedroom apartments where qualifying low-income seniors pay no more than 30% of adjusted gross income toward rent and also coordinates with the Palatka Housing Authority (`HUD PHA Code FL047`, `400 N 15th St, Palatka, FL 32177`, `(386) 329-0132`).

Official Verification Sources: Flynn Management Corporation — Cherry Tree Apartments (Palatka); USDA Rural Development Multifamily Housing Rentals Portal

Verified State & Regulatory Credentials
USDA Rural Development Section 515 / FHFC LIHTC Elderly Housing: Doc# L02000009894 & Doc# A31492 (70 Senior Units)Status: Active USDA Section 515 & FHFC LIHTC Senior Community

Issuer: USDA Rural Development / Florida Housing Finance Corporation

Notes: Cherry Tree I, LLC (Sunbiz Doc #L02000009894) and Cherry Tree II, Ltd. (Sunbiz Doc #A31492), managed by Flynn Management Corporation (Sunbiz Doc #G78940), operate 70 elderly/disabled Section 515/LIHTC units at 206 Zeagler Dr, Palatka, FL 32177.

HUD Public Housing Agency Cross-Reference (Palatka Housing Authority): HUD PHA Code FL047Status: Active Public Housing Authority

Issuer: U.S. Department of Housing and Urban Development (HUD)

Notes: Palatka Housing Authority (HUD PHA Code FL047, 400 N 15th St, Palatka, FL 32177, phone 386-329-0132) administers public housing and voucher programs across Palatka.

Services Offered
70 Single-Story Ground-Level 1-Bedroom Senior Apartments (Age 62+ / Disabled)
USDA Rural Development Section 515 & Section 521 Income-Based Rental Assistance
Florida Housing Finance Corporation (FHFC) LIHTC Elderly Housing Compliance
Barrier-Free Accessible Units & Walkable Access to HCA Florida Putnam Hospital
Community Center, On-Site Laundry Facilities & Emergency Maintenance
Palatka Housing Authority (HUD PHA Code FL047) Voucher & Senior Referral Coordination
Frequently Asked Questions

Factual details and direct answers about Cherry Tree Apartments — USDA Section 515 & LIHTC 62+ Senior Apartments's services, licensing, and credentials.

Who qualifies for Cherry Tree Apartments at 206 Zeagler Drive in Palatka?

Cherry Tree Apartments (70 single-story units at 206 Zeagler Drive, Palatka, FL 32177) is designated under USDA Rural Development Section 515 and FHFC LIHTC guidelines for households where the head or co-head is age 62 or older, or has a qualifying disability, and meets low-to-moderate income limits.

Does Cherry Tree Apartments offer income-based USDA Rental Assistance?

Yes. Through USDA Rural Development Section 521 Rental Assistance on eligible units, qualifying Palatka seniors pay approximately 30% of their adjusted monthly income toward rent and utilities.

Contact Information
Address
206 Zeagler Dr, Palatka, FL 32177
Hours
Mon-Fri 8:00 AM - 4:30 PM
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Disclaimer: This directory listing is for informational purposes only. Florida Senior Support does not endorse or guarantee the quality of services. Please verify information and services directly with the organization.