About This Property
Regal Trace is a 408-unit affordable housing community in Fort Lauderdale, Florida, serving families with low incomes. The property offers a mix of one-, two-, and three-bedroom units, with 248 two-bedroom units, 96 three-bedroom units, and 64 one-bedroom units available. The community has been in service since 1995 and is financed through 9% Low-Income Housing Tax Credits.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ft Lauderdale, 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 Regal Trace is typically 30% of household income or less.
What size apartments are available at Regal Trace?+
Regal Trace offers the following unit types: 64 One-Bedroom, 248 Two-Bedroom, 96 Three-Bedroom units, for a total of 408 units.
What is the HUD inspection score for Regal Trace?+
Regal Trace has a HUD inspection score of 65 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages Regal Trace?+
Regal Trace is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Regal Trace?+
Regal Trace 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.
Who is eligible to live at Regal Trace?+
Regal Trace primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Ft Lauderdale, FL?+
Based on Fair Market Rent for Broward County, the estimated price range is: 1-bedroom: $1692, 2-bedroom: $2102, 3-bedroom: $2916. Actual rent at Regal Trace may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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