Twin Lakes Estates l

501 Hartsell Ave, Lakeland, Florida 33815

Contact Twin Lakes Estates l

501 Hartsell Avenue
Lakeland, FL 33815

Units: 132
Completed: November 2020

Twin Lakes Estates II is the second phase of a three-phase development located at 501 Hartsell Avenue, Lakeland, FL 33815. The first phase is an elderly affordable multifamily building, and this second phase will add 132 units of family affordable units to the site (not age restricted). The project involves the demolition and redevelopment of a portion of West Lake Apartments, which were built in the 1960s.

Over half of those 132 units (55%) are two bedrooms, two bathrooms; 17% are one bedroom, one bathroom; 18% are three bedrooms, two bathrooms. The units are generous in size with one-bedrooms at 688 square feet, two-bedrooms at 915 square feet, and three-bedroom units at 1,150 square feet.

For leasing information please contact: (863) 213-4009 or twinlakes@htgf.com

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/2)	-	Call for Price

Eligibility for Twin Lakes Estates l

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Lakeland but actual income limits may differ for units at Twin Lakes Estates l.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$15,000	$19,720	$24,860	$30,000
50%	$25,000	$28,600	$32,150	$35,700
80%	$40,000	$45,700	$51,400	$57,100

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Lakeland but actual income limits may differ for units at Twin Lakes Estates l.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$25,000	$28,600	$32,150	$35,700

Twin Lakes Estates l Details

153 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Public Housing

Property Amenities

On-Site Parking

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.