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Qualifications

Age Qualification

The Savoy at Lake City provides all-inclusive living to residents 55 and older.

Utilities Included:

  • Every utility is included with your rent
  • Free Internet
  • Free Cable TV and DVR
  • Free Phone and Voicemail
  • Free Electricity
  • Free Water, Sewer, and Trash
 

MFTE Program

The Savoy at Lake City is proud to participate in the Multifamily Property Tax Exemption (MFTE) program. This program provides a tax exemption on new multifamily buildings in exchange for setting aside 20-25% of the homes as income- and rent-restricted. By supporting mixed-income residential development in the urban centers, the MFTE program ensures affordability as the community grows.

In order to qualify for MFTE homes at The Savoy, household income must be below 65% of the area median income for Studios, below 75% for 1 bedrooms, and below 85% for 2 bedrooms.

For information on current income limits, click here.

Please contact us for more information.

We are Operating on Virtual Leasing

For the time being, we are conducting all leasing virtually and by appointment only. Our team is committed to assisting you and we are available by phone and email. Need a tour? We can provide virtual touch-less tours to help you find the perfect home. Schedule an appointment today!

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Call Us Today!: Phone Number (206) 482-8808
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