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Affordable Housing Option in Cutler Bay: Old Cutler Village Cutler Bay - Introduction: Located in Cutler Bay, FL, Old Cutler Village Cutler Bay offers Low-Income Housing Tax Credit (LIHTC) apartments for those seeking affordable housing options. - LIHTC Support: Supported by the LIHTC program, these rental apartments come with applicable rent and income restrictions, making it an ideal choice for low-income individuals. - Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to offer affordable housing options for low-income residents. - Rent Based on AMI: The maximum rent charged is determined by the Area Median Income (AMI), which can make this apartment potentially unaffordable for some low-income individuals. - Checking Rental Rates: It is essential to check the current rental rates to determine if this housing option fits within your affordable range. - Abundant Low-Income Apartments: Old Cutler Village Cutler Bay boasts 288 low-income apartments, fulfilling the growing need for affordable housing in the community. - Waiting Lists: As is common these days, many apartments may have waiting lists. However, we provide direct contact information so you can inquire about availability and eligibility. - TIP: Understanding LIHTC: Familiarize yourself with the concept of Low-Income Housing Tax Credits (LIHTC) units for rent, as this program plays a crucial role in providing affordable housing. - Income Verification: During the application process, it is important to include and verify the income of all adults expected to reside in the apartment. Contact Old Cutler Village Cutler Bay for further details. - Apartment Availability: Old Cutler Village Cutler Bay offers various apartment sizes, including 1 bedroom, 2 bedroom, 3 bedroom, and 4 bedroom options to meet diverse housing needs.
10415 Old Cutler Rd, Cutler Bay, FL 33190
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