Lakewood Apartments is managed by Royal American Management.
Lakewood Apartments Phase I and II, Hndicap/Non Handicap Units. Total of 68 units 56 one bedroomsand 12 two bedrooms. Affordable Housing for the elderly (62 yrs) of age and older or disabled individuals. Rental assistance may be available to applicants that qualify. There is usually a waiting list.The waiting list is always open to those that qualify. Applications are always available. After hours applications are in the application box next to the office door. Office hours may vary due to company travel.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 700 | Call for Price |
One Bedroom (2/1) | 664 | Call for Price |
Two Bedroom (2/1) | 780 | Call for Price |
Two Bedroom (2/1) | 854 | Call for Price |
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.