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Affordable Housing Option: Teal Pointe Apartments Homestead Location: Homestead, FL Introduction: Teal Pointe Apartments Homestead offers affordable housing options for individuals and families seeking assistance. Supported by the Low-Income Housing Tax Credit (LIHTC) program, these rental apartments provide essential benefits for low-income persons. Incentives for Affordable Housing: The LIHTC program encourages builders and developers to create affordable housing options for low-income individuals and families. This initiative aims to ensure that everyone has access to suitable housing. In order to meet the program's criteria, these apartments have set rent and income restrictions based on the Area Median Income (AMI). Consideration of Affordability: Due to the AMI-based calculations, the maximum rent charged at Teal Pointe Apartments Homestead may still pose affordability challenges for some low-income individuals. Therefore, it is advisable to check the current rental rates to determine if it fits your budget. Number of Apartments: Teal Pointe Apartments Homestead consists of 45 low-income apartments, offering various housing options to cater to different needs. It is worth noting that most apartments nowadays have waiting lists due to high demand. Application and Qualification: If you are interested in applying for residency at Teal Pointe Apartments Homestead, please contact them directly using the provided phone number. It is important to understand that income verification for all adults expected to reside in the apartment must be included during the application process. For further details, feel free to inquire. Available Apartment Types: - 1 bedroom apartments at this location - 2 bedroom apartments at this location - 3 bedroom apartments at this location
151 Se 8th St, Homestead, FL 33030
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