Lake City Apartments

1055 Cherry St, Lake City, Pennsylvania 16423

Contact Lake City Apartments

Lake City Apartments are an affordable community offering 2-bedroom units. This pet friendly community offers many amenities including on-site laundry facilities, a playground, and curbside trash pickup.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	-	Call for Price

Eligibility for Lake City Apartments

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 Lake City but actual income limits may differ for units at Lake City Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$16,700	$19,720	$24,860	$30,000
50%	$27,800	$31,800	$35,750	$39,700
80%	$44,450	$50,800	$57,150	$63,500

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 City but actual income limits may differ for units at Lake City Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$27,800	$31,800	$35,750	$39,700
Low Income (60%)	$33,360	$38,160	$42,900	$47,640

Lake City Apartments Details

44 two bedroom units.
Water and Sewer utilities included in rent
Electricity utility included in rent
Section 515 Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance

Property Amenities

Playground
On-Site Manager
On-Site Maintenance
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Cable Ready
Carpet
Refrigerator
Trash Included

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	8:00am-4:30pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.