Cottage Lane Apartments

1318 Nadine Dr, Ada, Oklahoma 74820

Contact Cottage Lane Apartments

Cottage Lane Apartments is located in Ada, Oklahoma. The county seat to Pontotoc County, in Southern Oklahoma. Cottage Lane is a 52-unit single level family complex, comprised of one and two bedroom apartments with plenty of parking available. This cozy neighborhood is in close vicinity to shopping and dinning establishments.

Eligibility for Cottage Lane 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 Ada but actual income limits may differ for units at Cottage Lane Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$15,700	$19,720	$24,860	$30,000	$35,140	$40,280	$45,420	$49,250
50%	$26,150	$29,850	$33,600	$37,300	$40,300	$43,300	$46,300	$49,250
80%	$41,800	$47,800	$53,750	$59,700	$64,500	$69,300	$74,050	$78,850

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 Ada but actual income limits may differ for units at Cottage Lane Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$26,150	$29,850	$33,600	$37,300	$40,300	$43,300	$46,300	$49,250

Cottage Lane Apartments Details

52 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground
Community Room
Laundry Facility

Unit Amenities

Handicapped Accessible
Refrigerator
Central Heat & Air
Electric Range

Office Hours

Day	Hours
Monday	9:00am-3:00pm
Tuesday	9:00am-3:00pm
Wednesday	9:00am-3:00pm
Thursday	9:00am-3:00pm
Friday	9:00am-3:00pm

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.

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 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.

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.

Images of Cottage Lane Apartments

Nearby Low Income Apartment Communities like Cottage Lane Apartments

Legacy Senior Residences Ada

1929 North Country Club Road

Ada, Oklahoma

Rent Assisted

HOME

LIHTC

$331-780

1-2 BR

View Apartment