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Affordable Housing Option in Lafayette Square Miami, FL Overview: Lafayette Square Miami offers Low-Income Housing Tax Credit (LIHTC) apartments, providing an attractive housing option for individuals seeking affordability in Miami, FL. These rental apartments are supported by the LIHTC program, which imposes rent and income restrictions. LIHTC Program: The LIHTC program incentivizes builders and developers to create affordable housing options for low-income individuals. The maximum rent charged for these apartments is based on the Area Median Income (AMI). However, it's important to note that the AMI may still render this apartment unaffordable for some low-income individuals. Rental Rates: To determine if Lafayette Square Miami is an affordable housing choice for you, it is advisable to check the current rental rates. The AMI-based pricing structure may vary, so it is essential to assess whether it aligns with your budget constraints. Apartment Details: Lafayette Square Miami consists of 160 low-income apartments. Given the high demand for affordable housing, waiting lists are often common. We provide the contact information below so you can reach out directly to inquire about the application process and determine your eligibility. Applying for LIHTC Units: When applying for an apartment at Lafayette Square Miami, it is necessary to include and verify the income of all adults expected to reside in the unit. For further details regarding the application procedure, we recommend contacting the provided number. Apartment Types: - 1 Bedroom Apartments at Location - 2 Bedroom Apartments at Location - 3 Bedroom Apartments at Location By organizing the text into clear headings, we aim to facilitate your understanding of the affordable housing options available at Lafayette Square Miami.
150 NE 79th St, Miami, FL 33138
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