Gibb Oakridge Village

274 Ross Rd, Tallahassee, Florida 32305

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Eligibility for Gibb Oakridge Village

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 Tallahassee but actual income limits may differ for units at Gibb Oakridge Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,100 $20,650 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% $48,150 $55,000 $61,900 $68,750 $74,250 $79,750 $85,250 $90,750

Gibb Oakridge Village Details

  • 60 bedroom units.
  • Section 202 Supportive Housing for the Elderly
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance
Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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