Greenwood Estates

740 Northwest 122nd Street, Oklahoma City, Oklahoma 73114

Greenwood Estates is a 55+ community that offers 1 bedroom units. They are located close to shopping, dining and entertainment.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 766 Call for Price

This project has been funded and will begin construction soon.

Eligibility for Greenwood Estates

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 Greenwood Estates.

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

Greenwood Estates Details

  • 60 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Clubhouse
  • On-Site Manager
  • On-Site Maintenance

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Microwave
  • Washer and Dryer Hookup
  • Window Coverings

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm
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.

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