Lake Vista is managed by Bradley Company.
Lake Vista Apartments are nestled in the foothills at the south end of Lake Lure in Lake Lure, North Carolina, with a breathtaking view of The Blue Ridge Mountains. Lake Vista residents have the advantage of living in a resort environment year round, enabling them to enjoy peaceful, comfortable living.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/2) | 1 | $375 |
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 Lake Lure but actual income limits may differ for units at Lake Vista.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $24,250 | $27,700 | $31,150 | $34,600 |
Low Income (60%) | $29,100 | $33,240 | $37,380 | $41,520 |
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.