Prospect Park Ft Lauderdale

About This Building

Affordable Housing Option in Ft Lauderdale, FL - Prospect Park Ft Lauderdale Prospect Park Ft Lauderdale offers an opportunity for low-income individuals to find affordable housing in Ft Lauderdale, FL. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which imposes rent and income restrictions based on applicable guidelines. The LIHTC program aims to encourage builders and developers to provide affordable housing options to individuals with lower incomes. However, it's important to note that the maximum rent charged is determined by the Area Median Income (AMI) and may still be unaffordable for some low-income individuals. We recommend checking the current rental rates to determine if this option suits your financial situation. With 125 low-income apartments available, it's essential to be aware that there may be waiting lists for these units. We provide this listing to allow you to directly contact Prospect Park Ft Lauderdale at the provided number to inquire about the application process and determine if you qualify to live here. It's worth noting that there are both 2-bedroom and 3-bedroom apartments available at this location. To apply for residency at Prospect Park Ft Lauderdale, the income of all the adults expected to live in the apartment must be included and verified during the application process. For more information and detailed requirements, please call for further details. Consider familiarizing yourself with the concept of LIHTC (Low-Income Tax Credit) units for rent, as it can provide you with valuable insights into this affordable housing opportunity.