The Estates of Midwest City is managed by Wheatland Investments Group LLC.
The Estates of Midwest City will be an apartment complex for seniors 62 and older. These 1 and 2 bedroom units will be all ground level for easy access. The apartments will include washer in dryer hookups in each unit. There will also be an onsite Leasing office with a community center.The Estates of Midwest City will be an apartment complex for seniors 62 and older. These 1 and 2 bedroom units will be all ground level for easy access. The apartments will include washer in dryer hookups in each unit. There will also be an onsite Leasing office with a community center.
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 Oklahoma City but actual income limits may differ for units at The Estates of Midwest City.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $30,100 | $34,400 | $38,700 | $43,000 | $46,450 | $49,900 | $53,350 | $56,800 |
Low Income (60%) | $36,120 | $41,280 | $46,440 | $51,600 | $55,740 | $59,880 | $64,020 | $68,160 |
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.