Oakland Park Towers II

930 John R Rd, Troy, Michigan 48083

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Eligibility for Oakland Park Towers II

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 Troy but actual income limits may differ for units at Oakland Park Towers II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,900 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,000
50% $26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000
80% $42,400 $48,450 $54,500 $60,550 $65,400 $70,250 $75,100 $79,950

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 Troy but actual income limits may differ for units at Oakland Park Towers II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000

Oakland Park Towers II Details

  • 300 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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