About This Property
Spring Harbor comprises 248 low-income units in Mt. Dora, Florida, serving families through a mix of 40 one-bedroom, 112 two-bedroom, and 96 three-bedroom apartments. The community was placed in service in 2000 and utilizes 4% Low-Income Housing Tax Credits along with tax-exempt bond financing. This property provides affordable rental housing options for qualifying households in Lake County.
Property Details
Fair Market Rent - Lake County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,558 |
| 1 Bedroom | $1,638 |
| 2 Bedroom | $1,857 |
| 3 Bedroom | $2,362 |
| 4 Bedroom | $2,849 |
Income Limits - Lake County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,400
- Low (80%)
- $80,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,050 | $26,750 | $42,750 |
| 2 Persons | $18,350 | $30,550 | $48,850 |
| 3 Persons | $21,960 | $34,350 | $54,950 |
| 4 Persons | $26,500 | $38,150 | $61,050 |
| 5 Persons | $31,040 | $41,250 | $65,950 |
| 6 Persons | $35,580 | $44,300 | $70,850 |
| 7 Persons | $40,120 | $47,350 | $75,750 |
| 8 Persons | $44,660 | $50,400 | $80,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mount Dora, FL?+
The Fair Market Rent (FMR) for Lake County, FL is: $1558 (Studio), $1638 (1BR), $1857 (2BR), $2362 (3BR), $2849 (4BR). Actual rent at subsidized properties like Spring Harbor is typically 30% of household income or less.
What size apartments are available at Spring Harbor?+
Spring Harbor offers the following unit types: 40 One-Bedroom, 112 Two-Bedroom, 96 Three-Bedroom units, for a total of 248 units.
What is the price range for apartments in Mount Dora, FL?+
Based on Fair Market Rent for Lake County, the estimated price range is: 1-bedroom: $1638, 2-bedroom: $1857, 3-bedroom: $2362. Actual rent at Spring Harbor may be lower for income-eligible households.
What are the income limits for affordable housing in Lake County, FL?+
For a 4-person household in Lake County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.
Who is eligible to live at Spring Harbor?+
Spring Harbor primarily serves families, LINK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Spring Harbor?+
Spring Harbor is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Spring Harbor?+
Spring Harbor is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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