The Oaks is an 48 unit complex located in Vanceboro, North Carolina. Bailey Lane has 1,2 and 3 bedroom apartments. All of our apartments are subsidized under the section 8 program through the U.S. Department of HUD.
Eligibility for The Oaks
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 Vanceboro but actual income limits may differ for units at The Oaks.
| 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 | $49,850 |
| 50% | $26,450 | $30,200 | $34,000 | $37,750 | $40,800 | $43,800 | $46,850 | $49,850 |
| 80% | $42,300 | $48,350 | $54,400 | $60,400 | $65,250 | $70,100 | $74,900 | $79,750 |
The Oaks Details
- 48 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
Property Amenities
- On-Site Manager
- Laundry Room
- Smoke Free
- 24 Hour Maintenance
Unit Amenities
- Garbage Disposal
- Microwave
- Cable Ready
- Carpet
- Hardwood Floors
- Refrigerator
- Blinds
- Central Heat & Air
- Large Closets
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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