Spring Lake Apartments

451 South Main Street, Springville, Utah 84663

Completed in the summer of 2004. The Spring Lake Apartment Complex replaced two existing dilapidated migrant worker buildings. There are now three new apartment buildings and a community building on the property.

 

These buildings house thirteen two (2), three (3), and four (4)-bedroom units which were built primarily for families who receive the majority of their income from agriculture labor. An on-site laundry facility is available for all tenants. All of the utilities are included in the rent amount. Rental subsidy for this program is provided by USDA.

  

Units

Unit (Bd/Ba)	Ft2	Rent
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price
4 Bedroom (4/1)	-	Call for Price

Spring Lake Apartments Details

• 25 two, three and four bedroom units.
• Water and Sewer utilities included in rent
• Electricity utility included in rent
• Heat utility included in rent
• Low-Income Housing Tax Credit (LIHTC)

Office Hours

Day	Hours
Monday	7:30am-5:30pm
Tuesday	7:30am-5:30pm
Wednesday	7:30am-5:30pm
Thursday	7:30am-5:30pm

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.

Spring Lake Apartments is managed by Housing Authority of Utah County.