Oakland Mill Apartments

440 Salem Church Rd, Lincolnton, North Carolina 28092

Contact Oakland Mill Apartments

Message Oakland Mill Apartments

Oakland Mill Apartments is managed by GEM Management, LLC.

Thank you for your interest in Oakland Mill Apartments, this complex is for those 55+ and senior income restricted. The rent includes water, sewer, extermination, trash collection, lawn care and all interior/exterior maintenance on the unit. Tenants are responsible for electricity, phone, cable and internet. All units have washer/dryer connections and coin laundry is also available in the community center. There are monthly activities such as birthday parties, bingo, potluck dinners, catered Thanksgiving dinner, Christmas parties and Community yard sales just to name a few. All apartments have safety grab bars in the bathroom and Emergency pull cords in the bedrooms & bathrooms. There is also a computer lab with printers for tenant use.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - $553
2 Bedroom (2/1) - $618

Eligibility for Oakland Mill Apartments

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 Lincolnton but actual income limits may differ for units at Oakland Mill Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $28,500 $32,550 $36,600 $40,650
Low Income (60%) $34,200 $39,060 $43,920 $48,780

Oakland Mill Apartments Details

  • 42 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Computer Lab
  • Community Room
  • Emergency Pull Cord
  • On-Site Maintenance
  • Lawn Care
  • Coin-Operated Laundry
  • Monthly Planned Activities

Unit Amenities

  • Water Trash and Sewer Included
  • Bathroom Grab Bars
  • Full-Size Washer & Dryer Connections
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.