Subsidized `64`-unit garden apartment community at 1514 E Cypress St in Arcadia (`(863) 494-4811`), operating under **USDA Rural Development Section 515** Rural Rental Housing, **USDA Section 521 Rental Assistance (`RA`)**, and Florida Housing Finance Corporation (`FHFC`) Low-Income Housing Tax Credits (`LIHTC`; originally syndicated under `McPine Apartments of Arcadia, Ltd.`, `Sunbiz Doc# A05781`). Qualifying very-low-income elderly (`62+`), disabled, and family households receiving USDA Section 521 Rental Assistance pay no more than `30%` of adjusted gross income toward rent. Cross-referenced with nearby **Oaks Trail Apartments** (`1300 NE Oak St, Arcadia, FL 34266`, `(863) 887-6978`, `https://oakstrailapts.com/`), which provides `123` additional FHFC 9% LIHTC income-restricted apartments (`Oaks Trail Property Owner, L.P.`, `Sunbiz Doc# B25000000317`).
Official Verification Sources: USDA Rural Development Multi-Family Housing Rentals — McPines Apartments; Florida Sunbiz Entity — Oaks Trail Property Owner, L.P. (#B25000000317); Oaks Trail Apartments Official Website
Issuer: USDA Rural Development & Florida Housing Finance Corporation (FHFC)
Notes: McPines Apartments (1514 E Cypress St, Arcadia, FL 34266, (863) 494-4811, 64 USDA Section 515/521 & LIHTC units) is cross-referenced with Oaks Trail Apartments (1300 NE Oak St, Arcadia, FL 34266, (863) 887-6978, 123 FHFC 9% LIHTC units, Oaks Trail Property Owner, L.P., Sunbiz #B25000000317 / GP #M25000015832).
Factual details and direct answers about McPines Apartments (USDA Section 515/521 & LIHTC — with Oaks Trail Apartments)'s services, licensing, and credentials.
How does USDA Section 521 Rental Assistance help fixed-income seniors at McPines Apartments?
Because McPines Apartments (1514 E Cypress St, Arcadia, (863) 494-4811) participates in both USDA Section 515 and Section 521 Rental Assistance, eligible low-income elderly (62+) and disabled residents in subsidized units have their monthly rent capped at 30% of their adjusted gross income.
What other FHFC tax-credit apartment complex is located on the northeast side of Arcadia?
Oaks Trail Apartments at 1300 NE Oak St in Arcadia ((863) 887-6978, https://oakstrailapts.com/) offers 123 additional affordable units under the Florida Housing Finance Corporation 9% Low-Income Housing Tax Credit (LIHTC) program.
Connect with complementary legal, financial, and residential providers serving seniors in Arcadia and DeSoto County.
J. Cole Brewer, P.A. / Berg, Brewer, Kessler & Mowry, PLLC — Arcadia Office
Arcadia, DeSoto County
(863) 494-4323
Crews Bank & Trust — Wealth Management & Fiduciary Trust Services (Arcadia Main / North & East Branches)
Arcadia, DeSoto County
(863) 494-2220
Arcadia Oaks Assisted Living (Care Haven Senior Living)
Arcadia, DeSoto County
(863) 993-9760
Expert guidance, benefit eligibility rules, and state protections for older Florida residents and family caregivers.
Arcadia Housing Authority (HUD PHA FL047) & DeSoto County Social Services / SHIP Housing Program
Arcadia, DeSoto County
Arcadia Landings & St. John Paul II Villas (55+ Affordable Senior Apartment Communities)
Arcadia, DeSoto County
Arcadia Village Country Club (55+ Golf & Manufactured Home Retirement Community)
Arcadia, DeSoto County
Cross Creek RV Resort (55+ Active-Adult Resort & Park-Model Community)
Arcadia, DeSoto County
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.