Grove at Oakmont is managed by The Vantage Group.
Grove at Oakmont is an affordable community that offers one, two and three bedroom townhomes. Our peaceful community offer a laundry room,community room, library, and resident functions. Please call today to speak with our friendly staff about making an appointment.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One A (1/1) | 767 | $317 |
Two A (2/2.5) | 973 | $425 |
Three A (3/2.5) | 1267 | $480 |
Day | Hours |
---|---|
Monday | 8:00am-5:30pm |
Tuesday | 8:00am-5:30pm |
Wednesday | 8:00am-5:30pm |
Thursday | 8:00am-5:30pm |
Friday | 8:00am-12:00pm |
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.
Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.
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.