Lake Village Apartments is managed by Stewart Property Management.
Three buildings located in the Lakeport area of Laconia. Brick building has 6 floors with 70 units for elderly or disabled only.Two family units are located on Mechanic Street adjacent to the main building, which have washer and dryer hookups. Heat and hot water is included in rent. Rent is based on 30% of monthly income.
Must be at least 62 years of age or disabled to qualify for the brick building. Preference given to elderly applicants.
Income limits do apply.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
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 Laconia but actual income limits may differ for units at Lake Village Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $21,150 | $24,200 | $27,200 | $30,200 |
50% | $35,250 | $40,300 | $45,350 | $50,350 |
80% | $56,400 | $64,450 | $72,500 | $80,550 |
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 Laconia but actual income limits may differ for units at Lake Village Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $35,250 | $40,300 | $45,350 | $50,350 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.