About This Property
Cypress Grove comprises 814 low-income units in Lauderhill, Florida, serving families through a mix of 166 studios, 398 one-bedroom, and 250 two-bedroom apartments. The property has been in service since 2007 and receives 4% Low-Income Housing Tax Credit financing along with tax-exempt bond funding. The community is managed to provide affordable rental housing options in Broward County.
Property Details
Fair Market Rent - Broward County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,573 |
| 1 Bedroom | $1,692 |
| 2 Bedroom | $2,102 |
| 3 Bedroom | $2,916 |
| 4 Bedroom | $3,567 |
Income Limits - Broward County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,500
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $21,150
- Very Low (50%)
- $35,200
- Low (80%)
- $56,350
- Extremely Low (30%)
- $23,800
- Very Low (50%)
- $39,600
- Low (80%)
- $63,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,050
- Low (80%)
- $81,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,600
- Low (80%)
- $87,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,100
- Low (80%)
- $92,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,500 | $30,800 | $49,300 |
| 2 Persons | $21,150 | $35,200 | $56,350 |
| 3 Persons | $23,800 | $39,600 | $63,400 |
| 4 Persons | $26,500 | $44,000 | $70,400 |
| 5 Persons | $31,040 | $47,550 | $76,050 |
| 6 Persons | $35,580 | $51,050 | $81,700 |
| 7 Persons | $40,120 | $54,600 | $87,300 |
| 8 Persons | $44,660 | $58,100 | $92,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lauderhill, FL?+
The Fair Market Rent (FMR) for Broward County, FL is: $1573 (Studio), $1692 (1BR), $2102 (2BR), $2916 (3BR), $3567 (4BR). Actual rent at subsidized properties like Cypress Grove is typically 30% of household income or less.
What size apartments are available at Cypress Grove?+
Cypress Grove offers the following unit types: 166 Studio, 398 One-Bedroom, 250 Two-Bedroom units, for a total of 814 units.
Who is eligible to live at Cypress Grove?+
Cypress Grove primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Cypress Grove?+
Cypress Grove is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cypress Grove?+
Cypress Grove is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Broward County, FL?+
For a 4-person household in Broward County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $44,000, Low Income (80% AMI): $70,400. These limits are set by HUD and updated annually.
What is the price range for apartments in Lauderhill, FL?+
Based on Fair Market Rent for Broward County, the estimated price range is: 1-bedroom: $1692, 2-bedroom: $2102. Actual rent at Cypress Grove may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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