Chestnut Village Apartments is a 58-unit property located in Lakeland, GA within half a mile of Lake Irma and nature trails. It is conveniently located within a short distance to grocery stores, pharmacies, restaurants, local shops, and businesses! We are apartment living with a country feel.
Chestnut Village offers spacious 1 and 2 bedroom apartments, with washer and dryer hook ups, central heat & air, with energy efficient appliances which include refrigerators with ice makers, stove\oven combinations, and dishwashers. Energy star ceiling fans and a large covered front porch. Pest control, trash collection, and 24-hour emergency maintenance are also included. Limited handicap accessible units.
Property amenities include community room, laundry room, computer lab, fitness center, a large playground, two picnic pavilions with grill and gazebo, community garden, and monthly socials.
Chestnut Village was developed and operates with Federal Housing financing, which utilizes Federal Housing programs to make rent affordable to low income tenants. Applicants must be of 18 years old or older and must be within the income limits. Student restrictions apply. Limited rental assistance available.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
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 Chestnut Village Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $23,750 | $27,150 | $30,550 | $33,900 |
Low Income (60%) | $28,500 | $32,580 | $36,660 | $40,680 |
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.