Arbor Village

2901 Fruitville Road, Sarasota, Florida 34237

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Arbor Village is managed by Carteret Management.

Arbor Village is a new construction affordable housing development consisting of 72 one-bedroom/one-bathroom and 8 two-bedroom/two-bathroom units.  The building is a four-story garden-style property with elevator access to all floors.  Each apartment is equipped with energy efficient fixtures, ceiling fans and storage closets.  Amenities include common area space, on-site laundry room, a covered lanai and free parking.  Multiple resident programs and services will be offered free of charge to residents.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 650 Call for Price
2 Bedroom (2/2) 898 Call for Price

Eligibility for Arbor Village

Arbor Village Details

  • 80 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • State or Local Program

Property Amenities

  • On-Site Laundry

Unit Amenities

  • Storage
  • Energy Efficient Light Fixtures
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.

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