Ridge At Mt Dora Apartments

Ridge At Mt Dora Apartments Apartment Details

Total Apartments: 43
Total Low Income Apartments: 43

Ridge At Mt Dora Apartments offers apartment properties under the Section 42, LIHTC (Low Income Tax Credit) program.
The rents are based on the Area Medium Income (AMI) and tenant-based utility allowances. At least 20% of these apartments must provide low rates for low-income tenants.
The program is designed for individuals and families with moderate incomes, allowing below-market rents for those who qualify.
** It is not a subsidized housing program, as each resident is responsible for their full amount of rent each month. Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income.
To be income eligible, your total household ‘gross’ income must be less than the pre-set income limit for the area.

TIP: Knowing About LIHTC (Low Income Tax Credit) units for rent. Income from all of the adults expected to reside at this apartment must be included and verified at application time. Call for more details.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$1,072
Population in zip code	27,990
Median age of those living in this zip code	47.5
Average household income of those living in this zip code	$57,106
Average home value in this zip code	$215,032