Villas at Lakesmart

4225 Vista Del Lago Drive, Winter Haven, Florida 33881

family tax credit

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Unit (Bd/Ba) Ft2 Rent
Two Bedroom Apartments (2/2) 906 Call for Price
Three Bedroom Apartment (3/2) 1100 Call for Price

Villas at Lakesmart Details

  • 220 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Playground
  • BBQ/Picnic Area
  • Pool
  • 24hr Emergency Maintenance
  • On-Site Parking

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Cable Ready
  • Window Coverings
  • Carpet

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Winter Haven Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Winter Haven but actual income limits may differ for units at Villas at Lakesmart.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,600 $24,700 $27,800 $30,850 $33,350 $35,800 $38,300 $40,750
Low Income (60%) $25,920 $29,640 $33,360 $37,020 $40,020 $42,960 $45,960 $48,900

Villas at Lakesmart is managed by Carlisle Development Group.

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