Oak Valley Apartments
250 Oak Valley Dr, Morgantown, Kentucky 42261
Eligibility for Oak Valley 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 Morgantown but actual income limits may differ for units at Oak Valley Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $14,580 | $19,720 | $24,860 | $30,000 | $35,140 | $37,900 | $40,500 | $43,100 |
| 50% | $22,900 | $26,150 | $29,400 | $32,650 | $35,300 | $37,900 | $40,500 | $43,100 |
| 80% | $36,600 | $41,800 | $47,050 | $52,250 | $56,450 | $60,650 | $64,800 | $69,000 |
Oak Valley Apartments Details
- 24 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
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.
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