Caravel Arms Apartments

4844 NW 24th Court, Lauderdale Lakes, Florida 33313

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Caravel Arms Apartments is managed by Cambridge Management, Inc..

Eligibility for Caravel Arms Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Lauderdale Lakes but actual income limits may differ for units at Caravel Arms Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,200 $23,050 $25,950 $30,000 $35,140 $40,280 $45,420 $50,560
50% $33,600 $38,400 $43,200 $48,000 $51,850 $55,700 $59,550 $63,400
80% $53,800 $61,450 $69,150 $76,800 $82,950 $89,100 $95,250 $101,400

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 Lauderdale Lakes but actual income limits may differ for units at Caravel Arms Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,600 $38,400 $43,200 $48,000 $51,850 $55,700 $59,550 $63,400

Caravel Arms Apartments Details

  • 110 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
  • Section 236
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

Nearby Low Income Apartment Communities like Caravel Arms Apartments

Cambridge Square Lauderdale Lakes

3841 NW 21st St
Lauderdale Lakes, Florida
Subsidized
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PBRA
BMIR
S236