Orangemont Village Lake Wales

About This Building

Affordable Housing in Orangemont Village Lake Wales, FL Introduction - Orangemont Village Lake Wales offers Low-Income Housing Tax Credit apartments in Lake Wales, FL. - These rental apartments provide an affordable housing option for individuals and families. LIHTC Program - The apartments are supported by the LIHTC program, which incentivizes builders and developers to offer affordable housing for low-income individuals. - The program sets rent and income restrictions to ensure affordability for eligible individuals. - Rent is based on the Area Median Income (AMI), which may make the apartment unaffordable for some low-income individuals. Rental Rates - It is important to check the current rental rates to determine affordability. - While the apartments strive to be affordable, they may not be suitable for all low-income individuals. Number of Apartments - Orangemont Village Lake Wales consists of 53 low-income apartments. - Due to the demand for affordable housing, waiting lists are common in most apartments. Application Process - Contact the provided number directly to inquire about the application process and determine if you qualify to live here. - It is crucial to include and verify income from all adults who are expected to reside in the apartment. - Additional details can be obtained upon calling for more information. Conclusion - Orangemont Village Lake Wales presents an opportunity for individuals seeking affordable housing through the LIHTC program. - Take the necessary steps to determine if these apartments meet your needs and eligibility requirements.