Units (36 total units)
|One Bedroom (1/1)||667||From $640|
|Two Bedroom (2/1)||816||From $800|
About Lakewood Villas
A great place to live! Beautiful Lakewood Villas. 1 and 2 bedroom, spacious units with central heat and air, refrigerator, range and disposal. Each apartment has a patio and storage shed. Join the activities of shuffleboard, bingo, luncheons and coffee breaks. Conveniently located. Applicants must be 62 or older or disabled.
Lakewood Villas is a 36 unit affordable housing community in Leesburg, Florida. The community is located in the 10th Congressional District of Florida. Lakewood Villas participates in the Low Income Housing Tax Credit, and Rural Development Rental Assistance programs.
- BBQ/Picnic Area
- Community Room
- Off-Street Parking
- Ceiling Fan(s)
- Central Air
- Garbage Disposal
- Cable Ready
- Window Coverings
- Patio, Deck Or Balcony
- Close to Business District
- Close to Dining
- Close to Downtown District
- Close to Public Transportation
- Close to Shopping
- Near Hospital
- Near Park
- Near Schools
Low Income Housing Tax Credit
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC, not have income limits and therefore may be set at levels higher than the LIHTC limits below.
Low Income Housing Tax Credit Income Limits
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
Rural Development Rental Assistance
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 515 properties, insures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.