About This Property
Arbor Trace II Apartments offers 43 low-income units in Lake Park, Georgia, with a mix of one, two, and three-bedroom floor plans serving families. The property includes four one-bedroom units, thirty-one two-bedroom units, and eight three-bedroom units. Placed in service in 2019, the community is funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Lowndes County, GA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $787 |
| 1 Bedroom | $792 |
| 2 Bedroom | $1,039 |
| 3 Bedroom | $1,389 |
| 4 Bedroom | $1,618 |
Income Limits - Lowndes County, GA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,350
- Low (80%)
- $32,550
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,250
- Low (80%)
- $37,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,150
- Low (80%)
- $41,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,050
- Low (80%)
- $46,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $33,700
- Very Low (50%)
- $33,700
- Low (80%)
- $53,950
- Extremely Low (30%)
- $36,050
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
- Extremely Low (30%)
- $38,350
- Very Low (50%)
- $38,350
- Low (80%)
- $61,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,350 | $32,550 |
| 2 Persons | $17,420 | $23,250 | $37,200 |
| 3 Persons | $21,960 | $26,150 | $41,850 |
| 4 Persons | $26,500 | $29,050 | $46,500 |
| 5 Persons | $31,040 | $31,400 | $50,250 |
| 6 Persons | $33,700 | $33,700 | $53,950 |
| 7 Persons | $36,050 | $36,050 | $57,700 |
| 8 Persons | $38,350 | $38,350 | $61,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lake Park, GA?+
The Fair Market Rent (FMR) for Lowndes County, GA is: $787 (Studio), $792 (1BR), $1039 (2BR), $1389 (3BR), $1618 (4BR). Actual rent at subsidized properties like Arbor Trace Ii Apartments is typically 30% of household income or less.
What size apartments are available at Arbor Trace Ii Apartments?+
Arbor Trace Ii Apartments offers the following unit types: 4 One-Bedroom, 31 Two-Bedroom, 8 Three-Bedroom units, for a total of 43 units.
Who is eligible to live at Arbor Trace Ii Apartments?+
Arbor Trace Ii Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Lowndes County, GA?+
For a 4-person household in Lowndes County, GA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,050, Low Income (80% AMI): $46,500. These limits are set by HUD and updated annually.
How do I apply for housing at Arbor Trace Ii Apartments?+
Arbor Trace Ii Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What is the price range for apartments in Lake Park, GA?+
Based on Fair Market Rent for Lowndes County, the estimated price range is: 1-bedroom: $792, 2-bedroom: $1039, 3-bedroom: $1389. Actual rent at Arbor Trace Ii Apartments may be lower for income-eligible households.
Who manages Arbor Trace Ii Apartments?+
Arbor Trace Ii Apartments is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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