Published on Friday, March 29, 2013
The Miami Herald
By THEO KARANTSALIS
Special to the Miami Herald
Miami officials last week celebrated the completion of six more units of low-income housing.
The six-unit development, called Park View Apartments II, is at 1612 NW 18th St. in Allapattah.
No tenants had moved in yet as of last week, but they are expected to arrive soon, according to the office of Miami City Commissioner Willy Gort.
To live in the development, a family of four could earn no more than $39,200, according to the Florida Housing Finance Corp.
"The intended benefit is to lock in the affordability of the housing for the next 30 years," Gort said. "In short, It should provide for rental stability going forward as rents increase over the years."
Each of the townhouse-style units features two bedrooms and one-and-a-half bathrooms. As of Tuesday, no one has moved in yet though officials said that a waiting list has been started to select new tenants.
The project received $160,000 in Neighborhood Stabilization Program funding and $403,212 in Home Investment Partnerships Program funding through the city of Miami.
Units at the Park View Apartments II are expected to rent from between $800 and $1,000 per month.
For information on becoming a tenant, please call 786-253-4044.