Twin Oaks Apartments

312 Surles Dr, Four Oaks, North Carolina 28376

Contact Twin Oaks Apartments

Eligibility for Twin Oaks 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 Four Oaks but actual income limits may differ for units at Twin Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$23,800	$27,200	$30,600	$34,000	$36,750	$40,280	$45,420	$50,560
50%	$39,700	$45,350	$51,000	$56,650	$61,200	$65,750	$70,250	$74,800
80%	$63,500	$72,550	$81,600	$90,650	$97,950	$105,200	$112,450	$119,700

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 Four Oaks but actual income limits may differ for units at Twin Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$39,700	$45,350	$51,000	$56,650	$61,200	$65,750	$70,250	$74,800
Low Income (60%)	$47,640	$54,420	$61,200	$67,980	$73,440	$78,900	$84,300	$89,760

Twin Oaks Apartments Details

28 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance
Section 221 (d) (3)
Section 515 Rural Rental Housing

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.