Talk of The Villages Florida - View Single Post - New Restricted Income Apts on 466
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Old 09-17-2020, 07:09 AM
MandoMan MandoMan is offline
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Originally Posted by Lottoguy View Post
Just outside The Villages is a new apartment complex being built. It is about one mile east of Morse Blvd on 466. What are your thoughts on this?

Income Restricted Apts Just Outside THE VILLAGES - YouTube
A great many people in The Villages have incomes restricted to Social Security, and that may be $1,000 to $2,500 a month. It depends on how much they earned while working. That means plenty are living below the poverty line. They might qualify for these apartments. The reason they can afford to live here is that they had enough equity to pay cash for their home in The Villages, and they may have moved here years ago. They can’t really afford to rent one of the new apartments in The Villages on $1,000 a month.