Southwoods is managed by Volunteers of America.
Southwoods Apartments is nestled in South Oklahoma City, Oklahoma. Southwoods combines a quiet relaxing atmosphere with the convenience of access to a major metropolitan area. Southwoods Apartments offers low-income housing for senior citizens 62 years of age or older and for the physically challenged. Southwoods is a beautiful three story enclosed building with limited access doors, offering one bedroom apartments with 610 square feet. Southwoods is a total independent living facility. Friendly management with wonderful neighbors.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 610 | Income Based |
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 Southwoods.
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 Southwoods.
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 |
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.