Regal Trace

540 NW 4th Ave, Fort Lauderdale, Florida 33311

Contact Regal Trace

Regal Trace offers beautiful 1, 2 and 3 bedrooms apartments in the heart of of City of Fort Lauderdale. Located within a block of artistic neighborhood, FAT Village, featuring monthly art walk, open galleries, food and music. Only steps from Downtown Fort Lauderdale, restaurants, art and entertainment. Also conveniently close to Fort Lauderdale Beach, post office, supermarkets and banks.

Managed by Milton Jones Management Corporation.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price

Eligibility for Regal Trace

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Fort Lauderdale but actual income limits may differ for units at Regal Trace.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$33,600	$38,400	$43,200	$48,000	$51,850	$55,700
Low Income (60%)	$40,320	$46,080	$51,840	$57,600	$62,220	$66,840

Regal Trace Details

408 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 223
State or Local Program
Section 221 (d) (3)

Property Amenities

Fitness Center
Tennis Court
Tot Lot
Basketball Court
Clubhouse
On-Site Manager
Pool
24hr Emergency Maintenance
Gated Community
On-Site Parking
Smoke Free
On-Site Security

Unit Amenities

Dishwasher
Garbage Disposal
Storage
Refrigerator
Sewer Included
Water Included

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.