Stroud Senior Village

210 S 6th Ave, Stroud, Oklahoma 74079

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Stroud Senior Village is managed by Arzon Development.

Conveniently located directly off the Turner Turnpike, Stroud Senior Village is located in Stroud, Oklahoma, between Tulsa and Oklahoma City. Nearby towns include: Drumright, Yale, Chandler, Ripley and Perkins. 

 

This 24-unit complex offers one bedroom apartments for the elderly or disabled. Disability access is available and no pets are allowed. Amenities and features include, paid water/sewer, central heat/air, washer and dryer hookups, a community room and a safe room. 

Stroud Senior Village is accepting applications and does not have a waiting list.

Last updated on September 27th, 2018

Eligibility for Stroud Senior Village

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 Stroud but actual income limits may differ for units at Stroud Senior Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,850 $34,100 $38,350 $42,600 $46,050 $49,450 $52,850 $56,250
Low Income (60%) $35,820 $40,920 $46,020 $51,120 $55,260 $59,340 $63,420 $67,500

Stroud Senior Village Details

  • 24 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 521 USDA Rental Assistance
  • Section 515 Rural Rental Housing

Property Amenities

  • Community Room

Unit Amenities

  • Washer and Dryer Hookup
  • Sewer Included
  • Water Included
  • Central Heat & Air

Office Hours

Day Hours
Monday 9:00am-4:00pm
Wednesday 9:00am-4:00pm
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 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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