Monterra Place

2601 Solano Ave, Cooper City, FL 33024

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey, Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 651 - 1,187 Sq Ft
check_circle  Accessible Units
check_circle  Pets Allowed
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Monterra Place is an affordable community offering 1-bedroom, 2-bedroom, and 3-bedroom apartment homes. Each unit features a fully-equipped kitchen and in-unit washer/dryer. Property amenities include a business cener, fitness center, computer room, picnic area, swimming pool, and playground.

Dave's Thoughts On Monterra Place

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Monterra Place does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Monterra Place Amenities

  • Fitness Center
  • Playground
  • Business Center
  • Off-Street Parking
  • All Appliances included
  • Washer and Dryer Included
  • Computer Room
  • Swimming pool
  • Picnic Area
  • Central Heat

Units at Monterra Place

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 651ft2 Call for Price
Two Bedroom (2/2) 898ft2 Call for Price
Three Bedroom (3/2) 1187ft2 Call for Price

Income Qualification for Monterra Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $33,600 / year $38,400 / year $43,200 / year $48,000 / year $51,850 / year $55,700 / year $59,550 / year $63,400 / year
50% AMI for PBRA Units $33,600 / year $38,400 / year $43,200 / year $48,000 / year $51,850 / year $55,700 / year $59,550 / year $63,400 / year
60% AMI for LIHTC Units $40,320 / year $46,080 / year $51,840 / year $57,600 / year $62,220 / year $66,840 / year $71,460 / year $76,080 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Monterra Place

Does Monterra Place have a waiting list?

Monterra Place probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Monterra Place?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Monterra Place?

Monterra Place is managed by PK Management, LLC headquartered in Cleveland, OH.

In addition to Monterra Place, how many other affordable housing properties (and units) are there in Broward County?

In addition to Monterra Place, we list 264 other affordable properties in Broward County. Learn about these properties here. Our data research shows that there are a total of 15510 affordable units in Broward County.

When was the Monterra Place listing last updated?

Monterra Place listing on Affordable Housing Online was last updated on 07/24/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Monterra Place

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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