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Affordable Housing Option at Rio Towers Miami At Rio Towers Miami, you will find an apartment complex that offers affordable housing options in the vibrant city of Miami, FL. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, which aims to provide affordable housing to low-income individuals and families. However, it's important to note that there are rent and income restrictions in place for this program. Determining rent prices based on Area Median Income (AMI) To ensure affordability, the maximum rent charged at Rio Towers Miami is determined based on the Area Median Income (AMI). While this program helps to make housing more accessible, it is worth mentioning that individuals with very low incomes may still find these apartments unaffordable due to the AMI criteria. It would be wise to check the current rental rates to evaluate if they fit within your budget. 82 Low-Income Apartments and Potential Waiting Lists Rio Towers Miami offers a total of 82 low-income apartments. As is common with many affordable housing options, there may be waiting lists for these apartments. We have provided the contact number for you to directly inquire about availability and the application process. It is recommended to reach out to them to determine if you meet the qualification criteria and to express your interest in residing here. Important Details about LIHTC Units for Rent When applying for an apartment at Rio Towers Miami, it is crucial to include and verify the income of all adults who are expected to reside in the unit. This information will be required at the time of application. For more information and detailed guidelines, please contact the management. Remember, affordable housing is possible, and Rio Towers Miami strives to provide such options. Don't hesitate to reach out and inquire about availability and qualifications.
905 Sw 1st St, Miami, FL 33130
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