Overtown Affordable Housing Complex Opened
The new Courtside II development provides 120 income-restricted apartments for local residents.
Updated on Oct. 9, 2026 in Apartments
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Overtown residents looking for relief from rising housing costs now have access to 120 new income-restricted apartments. The $58 million Courtside II complex opened on Friday, offering units for those earning between 30% and 70% of the area median income.
Why it matters
With rent in the Miami metro area up more than 50% since early 2020, this project attempts to keep long-term residents in their neighborhood. It serves as one piece of a much larger effort to close the county’s 90,000-unit shortfall in affordable housing.
The Courtside II complex adds 120 income-restricted units to a county facing a 90,000-unit shortfall. Starting rents at the facility are $683 per month, targeting residents earning 30% to 70% of the area median income.
The players
Housing Trust Group
The developer that partnered to complete both the Courtside I and Courtside II housing complexes.
AM Affordable Housing
A developer that collaborated on the construction of the Courtside II housing complex in Overtown.
Miami-Dade County
The regional government that provided funding through its Affordable Housing Surtax Program.
The details
Developed by Housing Trust Group and AM Affordable Housing, the project utilized a mix of private loans and funding from the Miami-Dade County Affordable Housing Surtax Program. This follows the 2016 completion of the adjacent 84-unit Courtside I development. The city and county continue to push for additional density, with a mayoral plan currently targeting a total of 47,000 affordable units to address the region's long-term displacement issues.
Timeline
Late 1960s: I-95 construction forced Overtown relocation.
2016: Courtside I development opened.
January 2020: Start of the 50% rent increase period.
December 2024: Courtside II broke ground.
Friday, October 9, 2026: Courtside II officially opened.
Beyond the 305
This development serves as a modern attempt to stabilize a neighborhood historically scarred by the displacement caused by the 1960s construction of I-95. It follows a decade-long pattern of similar housing investments aimed at reclaiming Overtown's residential fabric.
Residents earning between 30% and 70% of the area median income may now inquire about units starting at $683 per month. This project provides a critical alternative to the rising rents that have burdened over half of all Miami renters as of 2024.
The takeaway
The addition of these 120 units is a small step toward addressing the county's 90,000-unit affordable housing deficit. Prospective renters should keep a close eye on future housing projects announced by the Mayor as the administration works toward its 47,000-unit goal.
Further reading
You can find more coverage on current housing trends in Apartments.
Source note: This article includes information reported by WLRN.
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