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Villas Del Lago: An Affordable Option for Low-Income Housing Location: Los Angeles, CA Introduction: Villas Del Lago offers Low-Income Housing Tax Credit apartments, providing an affordable housing option in Los Angeles. Supported by LIHTC, these rental apartments adhere to program rent and income restrictions. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to offer housing options for individuals with low income. The maximum rent charged for these apartments depends on the Area Median Income (AMI). Apartment Distribution: Villas Del Lago consists of 73 low-income apartments. The distribution is as follows: - 8 units at 30% AMI - 8 units at 40% AMI - 37 units at 50% AMI - 20 units at 60% AMI Avoid Waiting Lists: In today's housing market, waiting lists are common for many apartments. To inquire about applying and qualifying for these apartments, contact Villas Del Lago directly through the provided phone number. Community Amenities: Experience a range of amenities within the Villas Del Lago community, including: 1. Afterschool Program 2. Clubhouse 3. Computer Lab 4. Gated Parking Lot 5. Proximity to Downtown Los Angeles 6. Easy Access to Shopping and Leisure Apartment Features: Enjoy an array of convenient apartment features, including: 1. Central HVAC 2. Dishwasher, Stove, & Refrigerator 3. Unit Storage Available on Balcony/Patio Important Reminders for LIHTC Units: When applying for an apartment at Villas Del Lago, ensure that all adults' income expected to reside there is included and verified during the application process. For further details, please contact the provided phone number. Available Apartment Types: Choose from the following options at Villas Del Lago: 1. 1-Bedroom Apartments 2. 2-Bedroom Apartments 3. 3-Bedroom Apartments
456 S Lake St, Los Angeles, CA 90057
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