Lake City Villas Lake City

About This Building

Lake City Villas: Affordable Housing Option in Lake City, FL Affordable Rental Apartments Supported by LIHTC Lake City Villas, located in Lake City, FL, is a Low-Income Housing Tax Credit apartment complex. As a low-income individual or family, if you are seeking affordable housing, these rental apartments are the ideal choice. They are supported by the LIHTC program, which imposes rent and income restrictions to ensure affordability. Incentivizing Affordable Housing for Low-Income Individuals The LIHTC program provides incentives to builders and developers to create housing options that are within the means of low-income individuals. The maximum rent charged for the apartments is determined based on the Area Median Income (AMI). However, it's important to note that this AMI calculation may still render the apartments unaffordable for some low-income individuals. Check Rental Rates for Affordability To determine if Lake City Villas is affordable for you, it is advisable to check the current rental rates. As with many apartments, there may be waiting lists for these units. Nevertheless, we provide this listing to offer direct contact information, enabling you to inquire about application possibilities and eligibility. Key Information about LIHTC Units for Rent When applying for residency at this apartment complex, it is essential to include and verify the income of all anticipated adult occupants. For further details, please call the provided contact number. Various Apartment Options Available Lake City Villas offers 1 bedroom and 2 bedroom apartments. Choose the option that suits your needs best. By organizing the information into headings, the rewritten text provides a structured and distinct version while conveying the same essential information as the original text.