Located in southwest Lake City at 1015 SW Thornwood Circle, Lake City, FL 32025 (just off SW Main Boulevard / US-41 and SR-247 near grocery stores, pharmacies, and medical clinics), Thornwood Terrace Apartments is an intimate `29`-unit single-story independent senior apartment community (`28` one-bedroom residences and `1` two-bedroom residence) designed for low-income older adults age `62+` and disabled residents. Financed and regulated through the USDA Rural Development Section 515 Rural Rental Housing Program (`USDA Section 521 Rental Assistance`), the Florida Housing Finance Corporation (FHFC) 9% Low-Income Housing Tax Credit (LIHTC) program, and the State Apartment Incentive Loan (SAIL) program (owner entity Thornwood Terrace of Lake City Ltd., Florida Sunbiz Document #A98000000317), the community provides step-free ground-floor living with income-based rental subsidies capped at 30% of adjusted gross income.
Official Verification Sources: FloridaHousingSearch.org Official Registry — Thornwood Terrace Apartments (Lake City); Florida Housing Finance Corporation (FHFC) SAIL & LIHTC Portfolio
Issuer: USDA Rural Development / Florida Housing Finance Corporation (FHFC)
Notes: Thornwood Terrace of Lake City Ltd. (Sunbiz Doc #A98000000317) operates 29 USDA Section 515, FHFC SAIL, and 9% LIHTC elderly/disabled apartments at 1015 SW Thornwood Cir, Lake City, FL 32025.
Factual details and direct answers about Thornwood Terrace Apartments — USDA Section 515 & FHFC SAIL/LIHTC 62+ Senior Apartments's services, licensing, and credentials.
What floor plans and age eligibility apply at Thornwood Terrace Apartments in Lake City?
Thornwood Terrace Apartments at 1015 SW Thornwood Circle, Lake City, FL 32025 features 29 single-story apartments (28 one-bedroom units and 1 two-bedroom unit) prioritized for seniors age 62+ and persons with disabilities earning at or below 60% of the Columbia County Area Median Income (AMI).
Does Thornwood Terrace Apartments offer USDA Rental Assistance?
Yes. Qualifying residents receiving USDA Rural Development Section 521 Rental Assistance pay 30% of their adjusted gross household income toward rent, and the property also welcomes HUD Section 8 Housing Choice Vouchers.
Connect with complementary legal, financial, and residential providers serving seniors in Lake City and Columbia County.
Three Rivers Legal Services, Inc. — Lake City Regional Office
Lake City, Columbia County
(386) 752-5960
Moses Wealth Advisors — Tammy D. Hall, CPA, PFS, Clarence E. Brown III, CFP® & Charles D. Cowen Jr., CPA, CPFA (Raymond James Financial Services)
Lake City, Columbia County
(386) 755-2260
The Canopy at Harper Lake (formerly The Heron of Lake City)
Lake City, Columbia County
(386) 344-6985
Expert guidance, benefit eligibility rules, and state protections for older Florida residents and family caregivers.
Lakewood I & II Senior Apartments — USDA Section 515 & LIHTC 62+ Senior Apartments
Lake City, Columbia County
Columbia County Housing Authority — Juniper Way Elderly Public Housing Residences
Lake City, Columbia County
Five Ash Forest — Gated 55+ Manufactured Home Community
Lake City, Columbia County
Timberlane Mobile Home Community — 55+ Manufactured Home Park
Lake City, Columbia County
Disclaimer: This directory listing is for informational purposes only. Florida Senior Support does not endorse or guarantee the quality of services. Please verify information and services directly with the organization.