About This Property
Heron's Landing offers 37 low-income residential units in Lake Placid, Florida, comprising 30 one-bedroom and 6 two-bedroom apartments. The property has been in service since 1992 and is funded through 9% Low-Income Housing Tax Credits. The community serves families seeking affordable housing options in Highlands County.
Property Details
Fair Market Rent - Highlands County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $757 |
| 1 Bedroom | $850 |
| 2 Bedroom | $1,117 |
| 3 Bedroom | $1,391 |
| 4 Bedroom | $1,831 |
Income Limits - Highlands County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,400
- Low (80%)
- $31,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $22,200
- Low (80%)
- $35,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $29,950
- Low (80%)
- $47,850
- Extremely Low (30%)
- $32,150
- Very Low (50%)
- $32,150
- Low (80%)
- $51,400
- Extremely Low (30%)
- $34,350
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,400 | $31,050 |
| 2 Persons | $17,420 | $22,200 | $35,450 |
| 3 Persons | $21,960 | $24,950 | $39,900 |
| 4 Persons | $26,500 | $27,700 | $44,300 |
| 5 Persons | $29,950 | $29,950 | $47,850 |
| 6 Persons | $32,150 | $32,150 | $51,400 |
| 7 Persons | $34,350 | $34,350 | $54,950 |
| 8 Persons | $36,600 | $36,600 | $58,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Placid, FL?+
The Fair Market Rent (FMR) for Highlands County, FL is: $757 (Studio), $850 (1BR), $1117 (2BR), $1391 (3BR), $1831 (4BR). Actual rent at subsidized properties like Heron'S Landing is typically 30% of household income or less.
What size apartments are available at Heron'S Landing?+
Heron'S Landing offers the following unit types: 30 One-Bedroom, 6 Two-Bedroom units, for a total of 37 units.
Who manages Heron'S Landing?+
Heron'S Landing is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Heron'S Landing?+
Heron'S Landing primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Lake Placid, FL?+
Based on Fair Market Rent for Highlands County, the estimated price range is: 1-bedroom: $850, 2-bedroom: $1117. Actual rent at Heron'S Landing may be lower for income-eligible households.
What are the income limits for affordable housing in Highlands County, FL?+
For a 4-person household in Highlands County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,700, Low Income (80% AMI): $44,300. These limits are set by HUD and updated annually.
How do I apply for housing at Heron'S Landing?+
Heron'S Landing is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.