Lakewood Apartments offer 1 bedroom senior housing in Chatfield, MN. The apartments are conveniently located near churches and are one half of a block from shopping. Lakewood is nestled into a quiet residential neighborhood just blocks from downtown. The building is secure and comes complete with community room for gatherings and birthday parties, an elevator, laundry room, most utilities paid for, and plenty of scheduled social activities. Rent at this property is based on income.
|1 Bedroom (1/1)||-||Income Based|
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chatfield but actual income limits may differ for units at Lakewood Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
Lakewood Apartments is managed by Paramark Real Estate Services.