Eligibility for Oak Terrace
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 Monmouth but actual income limits may differ for units at Oak Terrace.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $16,900 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $28,150 | $32,150 | $36,150 | $40,150 | $43,400 | $46,600 | $49,800 | $53,000 |
| 80% | $45,000 | $51,400 | $57,850 | $64,250 | $69,400 | $74,550 | $79,700 | $84,850 |
Oak Terrace Details
- 158 bedroom units.
- Public Housing
Public Housing
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.
Nearby Low Income Apartment Communities like Oak Terrace
Monmouth Manor
Mapleway Achievement Center
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