Coral Springs Offers Rental Assistance to Help Combat the Higher Cost of Living

by Guest Contributor November 26, 2022

by Guest Contributor November 26, 2022 1 minutes read

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By Jon Schaefer

Good news for Coral Springs residents feeling the effects of inflation. The city is offering assistance to help with the higher cost of living.

Thanks to the CARES Act, which allocated $25 million dollars to Broward County for rental assistance in 2020, residents whose annual rent increased more than 5% from the beginning of the pandemic can apply for a maximum grant of $3,600.

This program pays landlords directly, and residents are eligible if they meet the following requirements:

Must have documented evidence of annual lease agreements that have increased more than 5% in one leasing period.
Must be listed as primary or secondary leaseholders on the annual lease agreement.
Must not have received any other financial assistance for the period in which they are requesting assistance.
Must meet the gross annual income not exceeding 80% of the Area Median Income (AMI) limits established by HUD for the jurisdiction of Broward County, FL. The applicable low-income limits for determining program eligibility are published by HUD in the federal register and are updated annually.

For more information on the rental assistance program, visit Rental Assistance or call 954-344-1161.

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