Located off State Road 20 at 50 Buster Marse Road in Freeport, Sun Bay Village Apartments (registered under Sun Bay Village Ltd., Florida Sunbiz Document #A31445, and professionally managed by TM Associates Management, Inc., Sunbiz Document #F23000002142) is a 25-unit single-story barrier-free senior apartment community financed under the U.S. Department of Agriculture (USDA) Rural Development Section 515 Rural Rental Housing program, USDA Section 521 Rental Assistance, and Low-Income Housing Tax Credit (LIHTC) 62+ elderly housing covenants. Designed specifically for low-income seniors aged 62 and older and individuals with disabilities, Sun Bay Village allows qualifying residents receiving USDA Section 521 Rental Assistance to pay approximately 30% of their adjusted gross monthly income toward rent in ground-level 1-bedroom apartments with zero stairs, accessible baths with grab bars, a community center, and on-site laundry.
Official Verification Sources: Florida Division of Corporations (Sunbiz) — Sun Bay Village Ltd. (Doc #A31445); TM Associates Management — Sun Bay Village Apartments Official Portal
Issuer: USDA Rural Development / Florida Department of State
Notes: Sun Bay Village Ltd. (Sunbiz Doc #A31445, Active) and TM Associates Management, Inc. (Sunbiz Doc #F23000002142, Active). Verified 25-unit USDA Section 515/521 & LIHTC 62+ senior apartment campus at 50 Buster Marse Rd, Freeport, FL 32439.
Factual details and direct answers about Sun Bay Village Apartments — USDA Section 515 & LIHTC 62+ Senior Apartments's services, licensing, and credentials.
Who qualifies for residency and rental assistance at Sun Bay Village Apartments in Freeport?
Sun Bay Village Apartments (50 Buster Marse Road, Freeport, FL 32439) is designated under USDA Rural Development Section 515 and LIHTC covenants for low-income seniors aged 62+ and persons with disabilities, with USDA Section 521 Rental Assistance capping rent at roughly 30% of adjusted gross income for eligible households.
Does Sun Bay Village Apartments accept HUD Section 8 vouchers from the Walton County Housing Agency?
Yes. In addition to direct USDA Section 521 Rental Assistance on subsidized units, Sun Bay Village welcomes HUD Housing Choice (Section 8) vouchers administered by the Walton County Housing Agency in DeFuniak Springs.
Connect with complementary legal, financial, and residential providers serving seniors in Freeport and Walton County.
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Subsidized Senior Housing & Section 202 / Section 515 Guide in Florida →
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