The Terraces at Lake Mary Apartments
Find The Terraces at Lake Mary Apartments in Lake_mary, FL 32746 to get information on this low-income property, including contact details and pricing. Also, check nearby affordable listings.
- Name
- The Terraces at Lake Mary Apartments
- Address
- 1000 Regal Pointe Ter, Lake Mary, FL, 32746
- Phone
- (407) 874-5899
- $ Rent
- Call for rent $
Location
About this property
Total Apartments: 284 Total Low Income Apartments: 283 One Bedroom (1 bdrm) Apartments: 36 Two Bedroom (2 bdrm) Apartments: 152 Three Bedroom (3 bdrm) Apartments: 72 The Terraces at Lake Mary Apartments offers affordable housing through Section 42, a program that gives tax credits to landlords who rent to low-income tenants. The rents depend on the average income and utility costs in the area. At least one-fifth of these apartments must have these reduced rates for eligible tenants. This program helps people with moderate incomes find affordable housing. The rents are lower than the market rates, but you have to pay the full rent yourself. The program is not based on your income, but on the income limit for your area. You can only join the program if your household income is below that limit.1 bedroom apartments at location 2 bedroom apartments at location 3 bedroom apartments at location Important information Waiting Lists Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.Call The Apartments Directly We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.Apartment Rates We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.
