3180 NW 42nd St, Miami, FL 33142
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 632 - 1,199 Sq Ft |
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.
Step into tropical seclusion and leave the stress of your everyday world behind. Regatta Place, surrounded by lush landscaping, quiet breezes and picturesque views, is an escape from the everyday, with features and amenities provided to give you a lifestyle of beauty, freedom and convenience.
Enjoy quiet mornings savoring coffee on the balcony, overlooking the beautiful scenery. Jump-start your day with an active workout in their on-site fitness center or stop in and relax in the Media Lounge. Regatta Places commitment to service and excellence assures that your needs are met in style and that your life is filled with countless opportunities for relaxation and enjoyment.
If you choose to venture out, Regatta Place offers unmatched ease and convenience with endless options for seizing the day! You're just moments from dining, shopping, entertainment and beaches. You can spend less time getting there and more time enjoying life to the fullest.
Relax. Dream. Live. Welcome to your new lifestyle at Regatta 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 Regatta 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 632ft2 | Call for Price† |
| Two Bedroom (2/2) | 1004ft2 | Call for Price† |
| Three Bedroom (3/2) | 1199ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $36,150 / year | $41,300 / year | $46,450 / year | $51,600 / year | $55,750 / year | $59,900 / year |
| 50% AMI for PBRA Units | $36,150 / year | $41,300 / year | $46,450 / year | $51,600 / year | $55,750 / year | $59,900 / year |
| 60% AMI for LIHTC Units | $43,380 / year | $49,560 / year | $55,740 / year | $61,920 / year | $66,900 / year | $71,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Regatta Place have a waiting list?
Regatta 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 Regatta 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 Regatta Place?
Regatta Place is managed by Cornerstone Residential Management, LLC. headquartered in Hollywood, CA.
In addition to Regatta Place, how many other affordable housing properties (and units) are there in Miami?
In addition to Regatta Place, we list 304 other affordable properties in Miami. Learn about these properties here. Our data research shows that there are a total of 28213 affordable units in Miami.
2370 NW 17th Ave, Miami, Florida 33142
234 NE 79th St, Miami, Florida 33138
5275 NW 29th Ave, Miami, Florida 33142
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."