Oakdale Apartments

415 S First Ave, Forest, Mississippi 39074

Contact Oakdale Apartments

Oakdale Apartments offer a variety of affordable apartments ranging from 1-bedroom to 4-bedroom floor plans. Each unit features a fully equipped kitchen with modern appliances, ceiling fans, and heat/air. Property amenities include a clubhouse, recreational room, on-site laundry facility, basketball court, and on-site maintenance.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	611	Income Based
Two Bedroom (2/1)	726-946	Income Based
Three Bedroom (3/1)	908	Income Based
Four Bedroom (4/2)	1267	Income Based

Eligibility for Oakdale 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 Forest but actual income limits may differ for units at Oakdale 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	$33,600	$36,100	$38,600	$41,100
50%	$21,800	$24,900	$28,000	$31,100	$33,600	$36,100	$38,600	$41,100
80%	$34,850	$39,800	$44,800	$49,750	$53,750	$57,750	$61,700	$65,700

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 Forest but actual income limits may differ for units at Oakdale Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$21,800	$24,900	$28,000	$31,100	$33,600	$36,100	$38,600	$41,100
Low Income (60%)	$26,160	$29,880	$33,600	$37,320	$40,320	$43,320	$46,320	$49,320

Oakdale Apartments Details

84 one, two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 223
Section 221 (d) (3)

Property Amenities

Basketball Court
Clubhouse
Community Room
On-Site Maintenance
Laundry Facility
On-Site Laundry

Unit Amenities

Ceiling Fan(s)
Garbage Disposal
Fully Equipped Kitchen

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

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.

Low-Income Housing Tax Credit (LIHTC)

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.