Eligibility for Oakwood 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 Milford but actual income limits may differ for units at Oakwood Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $21,250 | $24,300 | $27,350 | $30,350 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
| 80% | $56,650 | $64,750 | $72,850 | $80,900 | $87,400 | $93,850 | $100,350 | $106,800 |
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 Milford but actual income limits may differ for units at Oakwood Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
Oakwood Apartments Details
- 65 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
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.
Nearby Low Income Apartment Communities like Oakwood Apartments
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.