Savannah Terrace Apartments is managed by Wilhoit Properties.
Savannah Terrace, located at 5801 Aloha Street Oklahoma City, Oklahoma 73064, offers brand new 2 & 3 bedroom apartment homes. Enjoy a cardio fitness center, resident business center with computers, a fun playground, outdoor picnic area with grills, beautiful community room, an onsite management staff and 24 hour emergency maintenance all for the use and enjoyment of our residents. Large open floorplans with fully equipped kitchens featuring a garbage disposal, dishwasher, refrigerator and stove/oven. Each home also has ceiling fans, a patio/balcony with extra storage and a full-size washer/dryer included. With easy highway access and a great location, Savannah Terrace is the perfect choice for your new home.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/2) | - | Call for Price |
3 Bedroom (3/2) | - | Call for Price |
This project has been funded and will begin construction soon.
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 Mustang but actual income limits may differ for units at Savannah Terrace Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $30,100 | $34,400 | $38,700 | $43,000 | $46,450 | $49,900 |
Low Income (60%) | $36,120 | $41,280 | $46,440 | $51,600 | $55,740 | $59,880 |
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.