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Heading 1: Affordable Housing Option in Lauderdale Lakes Saint Croix Lauderdale Lakes is an apartment complex in Lauderdale Lakes, FL that offers affordable housing options. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which provides incentives to builders and developers to create housing for low-income individuals. Heading 2: Rent and Income Restrictions To ensure affordability, the LIHTC program imposes rent and income restrictions. The maximum rent charged is based on the Area Median Income (AMI), which may make this apartment unaffordable for some low-income individuals. Before making a decision, it is important to check the current rental rates to see if they align with your budget. Heading 3: Large Number of Low-Income Apartments Saint Croix Lauderdale Lakes offers a total of 246 low-income apartments. However, as is common with many apartment complexes today, there may be waiting lists for available units. Therefore, we encourage you to directly contact the management at the provided number to inquire about the application process and see if you qualify. Heading 4: Owned by CORNERSTONE GROUP DEVELOPMENT LLC This apartment complex is owned by CORNERSTONE GROUP DEVELOPMENT LLC, a company based in Hollywood, FL. They are responsible for managing the property and maintaining its affordability for low-income individuals. Heading 5: Understanding LIHTC Units It is important to understand that LIHTC units are specifically designated for low-income individuals. Therefore, during the application process, it is necessary to include and verify the income of all adults expected to reside in the apartment. For further details about the application requirements, we recommend contacting the management for more information.
4150 NW 34th St, Lauderdale Lakes, FL 33319
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