Lake Street Terrace is managed by The Community Builders, Inc..
Perfectly situated in the heart of beautiful Chatham, Massachusetts you'll discover everything that you love is conveniently close to home! Our ideal location places you minutes away from Cape Cod, commuter friendly freeways, shopping and entertainment. With a superb selection of beautifully designed one, two and three bedroom floor plans to choose from, you're sure to find something perfectly suited for your personal preference. At Lake Street Terrace Apartments, we offer the perfect blend of fine interiors and open living areas to ensure your life here is enjoyable and pleasant. Residents of Lake Street Terrace Apartments enjoy some of the finest services and amenities available anywhere. We are dedicated to providing residents with the highest quality of service while maintaining affordable rental rates.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 702 | Call for Price |
2 Bedroom (2/1) | 860 | Call for Price |
2 Bedroom (2/1.5) | 931 | Call for Price |
3 Bedroom (3/1.5) | 1 | Call for Price |
3 Bedroom (3/2) | 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 Chatham but actual income limits may differ for units at Lake Street Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $40,300 | $46,050 | $51,800 | $57,550 | $62,200 | $66,800 |
Low Income (60%) | $48,360 | $55,260 | $62,160 | $69,060 | $74,640 | $80,160 |
Day | Hours |
---|---|
Monday | 8:00am-4:00pm |
Tuesday | 8:00am-4:00pm |
Wednesday | 8:00am-4:00pm |
Thursday | 8:00am-4:00pm |
Friday | 8:00am-4:00pm |
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.