Oak Villa Apartments

242 E Spruce St, Forest City, North Carolina 28043

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Eligibility for Oak Villa 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 City but actual income limits may differ for units at Oak Villa 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 $40,150 $42,950 $45,700
50% $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% $38,750 $44,300 $49,850 $55,350 $59,800 $64,250 $68,650 $73,100

Oak Villa Apartments Details

  • 25 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
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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