Meadow Cliff Apartments I & II

7507 S Ross Ave , Oklahoma City, Oklahoma 73159

Contact Meadow Cliff Apartments I & II

Meadow Cliff I & II Apartments offers low-income independent living housing for senior citizens 62 years of age or older or disabled. It's conveniently located in a southwest Oklahoma City with quick access to highway system. The neighborhood setting also provides a peaceful environment to call home. Many shops, grocery stores, pharmacies and restaurants are within walking distance from the property. Small pets are welcome. Meadow Cliff would like to welcome you and hope you will be calling it home.

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

Eligibility for Meadow Cliff Apartments I & II

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 Oklahoma City but actual income limits may differ for units at Meadow Cliff Apartments I & II.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$18,100	$20,650	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$30,100	$34,400	$38,700	$43,000	$46,450	$49,900	$53,350	$56,800
80%	$48,200	$55,050	$61,950	$68,800	$74,350	$79,850	$85,350	$90,850

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 Oklahoma City but actual income limits may differ for units at Meadow Cliff Apartments I & II.

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

Meadow Cliff Apartments I & II Details

27 one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Property Amenities

Community Room
Laundry Facility

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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 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.