A new affordable housing complex opened its doors on Friday, October 9, in Overtown, Miami, featuring 120 apartments for households that meet specific income limits. Courtside Apartments II is now accepting applications through its official website.
The project, valued at approximately 58 million dollars, was developed by Housing Trust Group (HTG) and AM Affordable Housing, a nonprofit organization founded by Alonzo Mourning, former star of the Miami Heat and member of the NBA Hall of Fame.
The complex is located at 1698 NW 3rd Avenue, Miami, FL 33136, and features 58 one-bedroom apartments, 40 two-bedroom apartments, and 22 three-bedroom apartments. Amenities include a gym, a community center, bike storage, and a dog area.
How much do the apartments at Courtside II cost?
During the inauguration, the public broadcaster WLRN reported that the rents for the complex would start at 683 dollars per month, a figure significantly lower than the usual prices in the Miami market.
However, the official apartment website consulted on October 13 lists different rates for the units displayed. One-bedroom apartments are shown without a published price and with availability subject to inquiry; two-bedroom units are priced at 2,050 dollars per month, and three-bedroom units range from 1,995 to 2,349 dollars.
Therefore, the 683 dollars announced at the inauguration should not be interpreted as a rate available to any applicant. The administration must confirm which apartments correspond to the lowest rents, whether there are units available in those categories, and what their conditions are.
Who can apply for housing?
According to Housing Trust Group, the apartments are reserved for residents who meet the income limits equivalent to 50%, 60%, or 70% of the Area Median Income (AMI), based on the category assigned to each unit.
Furthermore, 30 apartments are designated for housing with Section 8 assistance. The complex's page also indicates that it accepts vouchers from that federal program.
The maximum allowable income depends on the number of household members, the category of the apartment, and the rules of the financing program. The City of Miami publishes reference tables, but those interested should verify with the administration the current limits that specifically apply to Courtside II.
How to submit an application in Courtside II
Individuals interested can visit the official Courtside Apartments II website and click the button "Click Here to Apply Now!" to access the application system.
Before completing the process, it is advisable to check the availability and rental conditions of the desired unit, verify the corresponding income limits, and ask what documents the administration requires. Those looking for the least expensive apartments can also request information about waiting lists and allocation mechanisms.
The public information for the complex does not specify all the necessary documents or the immigration conditions that may apply to each type of housing. It should not be assumed that all applicants meet the requirements or that there will be available units.
To resolve any questions, the official website provides the phone number 833-504-1219. The rental office is located at 1698 NW 3rd Avenue, Miami, FL 33136.
The cost of rents in Miami
The opening occurs in an area where the rising cost of housing has complicated the ability for many families to remain. According to data cited by WLRN, rents in the Miami, Fort Lauderdale, and West Palm Beach metropolitan area have increased by more than 50% since January 2020. The county is also facing a shortfall of over 90,000 affordable homes for households earning less than 80% of the area's median income, according to Miami Homes For All.
Courtside II expands on an initiative that started with Courtside I, a set of 84 affordable apartments inaugurated in Overtown in 2016. At the opening of the new building, Miami-Dade Mayor Daniella Levine Cava advocated for the necessity of allowing longstanding residents to continue living in their community despite the rising real estate values.
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