The governance of Lake Ashton is shared by a Community Development District (CDD) and a Homeowners Association (HOA). The CDD owns and is responsible for the amenities and roads. The HOA owns no property and is responsible for the Covenants and Architectural Guidelines which govern the use of homeowner’s property.

Since Lake Ashton straddles two cities, there is a CDD and HOA for Lake Wales (sometimes referred to as ‘East’) and a CDD and HOA for Winter Haven (sometimes referred to as ‘West’ or Lake Ashton II). In addition, the Palms of Ashton Condominium Association exists within Lake Wales section of Lake Ashton, resulting in five distinct governing boards within what is collectively called "Lake Ashton."

   What is a CDD?

   Lake Ashton CDD (Lake Wales)

   Lake Ashton II CDD (Winter Haven)

   Lake Ashton Homeowners Association (Lake Wales)

   Lake Ashton II Homeowners Association (Winter Haven)

   Palms of Ashton Condominium Association (Lake Wales)