Channel Island Apartments

931 Bismark Way, Oxnard, California 93033

Contact Channel Island Apartments

Channel Island Park is a gated community complex, conveniently located near schools, transportation, dining and shopping. We have a childrenâ€™s park with great landscaping, covered carports, and on site laundry rooms.

Unit (Bd/Ba)	Ft²	Rent
One bedroom (1/1)	625	Call for Price
Two bedroom (2/1)	875	Call for Price
Three bedroom (3/2)	975	Call for Price

Eligibility for Channel Island 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 Oxnard but actual income limits may differ for units at Channel Island Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$27,900	$31,900	$35,900	$39,850	$43,050	$46,250
50%	$46,500	$53,150	$59,800	$66,400	$71,750	$77,050
80%	$74,400	$85,000	$95,650	$106,250	$114,750	$123,250

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 Oxnard but actual income limits may differ for units at Channel Island Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$46,500	$53,150	$59,800	$66,400	$71,750	$77,050
Low Income (60%)	$55,800	$63,780	$71,760	$79,680	$86,100	$92,460

Channel Island Apartments Details

152 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 236

Property Amenities

Playground
On-Site Manager
Pool
Laundry Room
24hr Emergency Maintenance
Covered Parking
Off-Street Parking

Unit Amenities

Garbage Disposal
Cable Ready
Utilities Included
Spacious Closets
Carpet

Nearby Amenities

Close to Dining
Close to Downtown District
Close to Public Transportation
Close to Shopping
Near Schools

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.

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.