About This Property
Lake Vista is a 40-unit affordable housing community in Stateline, Nevada, offering housing for low-income residents. The property includes eight one-bedroom units and thirty-two two-bedroom units, and has been in service since 2002. The development was financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Douglas County, NV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $979 |
| 1 Bedroom | $1,192 |
| 2 Bedroom | $1,444 |
| 3 Bedroom | $2,035 |
| 4 Bedroom | $2,213 |
Income Limits - Douglas County, NV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,650
- Very Low (50%)
- $27,700
- Low (80%)
- $44,350
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,600
- Low (80%)
- $57,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,550
- Low (80%)
- $63,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,750
- Low (80%)
- $68,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,050
- Low (80%)
- $78,500
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,250
- Low (80%)
- $83,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,650 | $27,700 | $44,350 |
| 2 Persons | $19,000 | $31,650 | $50,650 |
| 3 Persons | $21,960 | $35,600 | $57,000 |
| 4 Persons | $26,500 | $39,550 | $63,300 |
| 5 Persons | $31,040 | $42,750 | $68,400 |
| 6 Persons | $35,580 | $45,900 | $73,450 |
| 7 Persons | $40,120 | $49,050 | $78,500 |
| 8 Persons | $44,660 | $52,250 | $83,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Stateline, NV?+
The Fair Market Rent (FMR) for Douglas County, NV is: $979 (Studio), $1192 (1BR), $1444 (2BR), $2035 (3BR), $2213 (4BR). Actual rent at subsidized properties like Lake Vista is typically 30% of household income or less.
What size apartments are available at Lake Vista?+
Lake Vista offers the following unit types: 8 One-Bedroom, 32 Two-Bedroom units, for a total of 40 units.
What is the price range for apartments in Stateline, NV?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 1-bedroom: $1192, 2-bedroom: $1444. Actual rent at Lake Vista may be lower for income-eligible households.
How do I apply for housing at Lake Vista?+
Lake Vista 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.
What are the income limits for affordable housing in Douglas County, NV?+
For a 4-person household in Douglas County, NV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,550, Low Income (80% AMI): $63,300. These limits are set by HUD and updated annually.
Who manages Lake Vista?+
Lake Vista is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Lake Vista
Kingsbury Village
Minden, NV
36 UnitsThe Aspens At South Lake
South Lake Tahoe, CA
48 UnitsMeadowbrook Apartments
Stateline, NV
30 UnitsLake Vista Apartments Ii
Stateline, NV
40 UnitsTahoe Valley Townhomes
South Lake Tahoe, CA
70 UnitsBijou Woods Apts
South Lake Tahoe, CA
92 Units