Oleander Park Apartments – 7646 Cottage Hill Rd. Mobile, AL
This is an elderly complex. You must be 55 or older to apply. This waiting list is open continuously. You can download an application here and submit it to they're office by mail or in person or apply at Oleander Park. If you have already applied and want to know you status, click the link above.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price |
| Two Bedroom (2/1) | - | Call for Price |
Waiting List is Closed
Some units at this property are available through Prichard Housing Authority's Oleander Park Apartments Senior Section 8 Project-Based Voucher Waiting List. Learn about this waiting list here.Eligibility for Oleander Park 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 Mobile but actual income limits may differ for units at Oleander Park Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
|---|---|---|---|---|
| 50% | $24,200 | $27,650 | $31,100 | $34,550 |
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 Mobile but actual income limits may differ for units at Oleander Park Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
|---|---|---|---|---|
| Very Low Income (50%) | $24,200 | $27,650 | $31,100 | $34,550 |
| Low Income (60%) | $29,040 | $33,180 | $37,320 | $41,460 |
Oleander Park Apartments Details
- 56 one and two bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- HOME Investment Partnerships Program
Property Amenities
- On-Site Manager
- On-Site Parking
- Emergency Pull Cord
- Laundry Facilities
Unit Amenities
- Air Conditioning
- Handicapped Accessible
- Dishwasher
- Garbage Disposal
- Washer and Dryer Hookup
- Private Patio and Balcony
- Large Closets
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.
Images of Oleander Park Apartments
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