Shady Acres

115 Monroe Avenue Northeast, Ardmore, Oklahoma 73401

Contact Shady Acres

Shady Acres (Willowbrook) – (580)223-3350-115 Monroe St. N.E. Ardmore, Ok. 73401

This property is currently under construction.

Eligibility for Shady Acres

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 Ardmore but actual income limits may differ for units at Shady Acres.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$25,900	$29,600	$33,300	$37,000	$40,000	$42,950	$45,900	$48,850
Low Income (60%)	$31,080	$35,520	$39,960	$44,400	$48,000	$51,540	$55,080	$58,620

Shady Acres Details

87 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 New Construction

Property Amenities

On-Site Parking
Storm Shelter

Unit Amenities

Handicapped Accessible

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.