Oakman Terrace Apartments

377 Bason St, Oakman, Alabama 35579

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Eligibility for Oakman Terrace 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 Oakman but actual income limits may differ for units at Oakman Terrace Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,580 $19,720 $24,860 $30,000 $35,140 $39,250 $41,950 $44,650
50% $23,700 $27,050 $30,450 $33,800 $36,550 $39,250 $41,950 $44,650
80% $37,900 $43,300 $48,700 $54,100 $58,450 $62,800 $67,100 $71,450

Oakman Terrace Apartments Details

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

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