Oak Park Apartments is managed by East Bay Asian Local Development Corporation.
The Oak Park Apartments project represents the renovation and reconfiguration of a former motel into 35 apartments. It is the culmination of a community organizing struggle in partnership with New Hope Covenant Church to address the severely distressed conditions of the complex and its predominantly Central and Southeast Asian immigrant residents. The project addressed construction deficiencies as well as alleviated the overcrowded conditions experienced by the multi-generational families that lived in the complex. Oak Park Apartments was EBALDC’s first tax credit project built to the California Tax Credit Allocation Committee’s Sustainable Building requirements.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1) | - | Call for Price |
Four Bedroom (4/2) | - | Call for Price |
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 Oakland but actual income limits may differ for units at Oak Park Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 | $91,700 | $97,650 |
Low Income (60%) | $62,160 | $71,040 | $79,920 | $88,740 | $95,880 | $102,960 | $110,040 | $117,180 |
Day | Hours |
---|---|
Tuesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
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.