4975 Lake Towne Drive, Walbridge, OH 43465
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $607 - 748 per Month† | 2 Beds | 1 Bath | 865 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Lake Towne Senior is Walbridge's newest treasure. Our choice location puts you within the tranquil country, yet minutes from easy access to shopping, dining, and entertainment. With first-rate design and great amenities such as attached garages, large closets, and private entries, Lake Towne Senior is becoming the neighborhood of choice in Walbridge. Our pet-friendly neighborhood is home to 43 fun and functional two bedroom patio-style apartment homes. A professional staff and excellent maintenance team mean exceptional living at affordable rates, plus the little touches you expect- like never paying a water, sewer or trash bill again! Our maintenance-free approach makes everyday living even better. Lake Towne Senior is redefining the idea of senior living.
Because Lake Towne Senior participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| The Dove (2/1) | 865ft2 | $607 $748† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year |
| 50% AMI for PBRA Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year |
| 60% AMI for LIHTC Units | $34,620 / year | $39,600 / year | $44,520 / year | $49,440 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lake Towne Senior have a waiting list?
Lake Towne Senior probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Lake Towne Senior?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Lake Towne Senior?
Lake Towne Senior is managed by Miller Valentine Group
In addition to Lake Towne Senior, how many other affordable housing properties (and units) are there in Wood County?
In addition to Lake Towne Senior, we list 22 other affordable properties in Wood County. Learn about these properties here. Our data research shows that there are a total of 1395 affordable units in Wood County.
When was the Lake Towne Senior listing last updated?
Lake Towne Senior listing on Affordable Housing Online was last updated on 01/03/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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