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Affordable Housing Option in Miami, FL - Labre Place Miami Introduction: Labre Place Miami is a Low-Income Housing Tax Credit apartment situated in Miami, FL. If you are searching for affordable housing, these rental apartments are an excellent choice. Incentives for Affordable Housing: Labre Place Miami is supported by the LIHTC program, which encourages builders and developers to provide affordable housing options for low-income individuals. The applicable program rent and income restrictions ensure affordability. Consideration of Maximum Rent: The maximum rent at Labre Place Miami is determined based on the Area Median Income (AMI). However, it is essential to note that due to this AMI calculation, the apartment may still be unaffordable for low-income individuals. Current Rental Rates: To assess affordability, it is recommended to check the current rental rates at Labre Place Miami. This will help you determine if the apartment fits within your budget. Availability and Waiting Lists: With 90 low-income apartments available, Labre Place Miami may have a waiting list. However, it is advised to contact them directly at the provided number to inquire about application and qualification procedures. Additional Information: When applying for residency at Labre Place Miami, it is important to include and verify the income of all adults expected to reside in the apartment. For more details, please call the provided contact number. Conclusion: Labre Place Miami offers an affordable housing option for individuals seeking low-income apartments in Miami, FL. By understanding the LIHTC program and its rental policies, you can evaluate if this apartment meets your financial requirements.
350 Nw 4th Ave, Miami, FL 33128
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