Oakwood Apartments

1100 E Clark St, Vermillion, South Dakota 57069

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Eligibility for Oakwood Apartments

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 Vermillion but actual income limits may differ for units at Oakwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $19,900 $22,750 $25,600 $30,000 $35,140 $40,280 $45,420 $50,560
50% $33,150 $37,900 $42,650 $47,350 $51,150 $54,950 $58,750 $62,550
80% $53,050 $60,600 $68,200 $75,750 $81,850 $87,900 $93,950 $100,000

Oakwood Apartments Details

  • 28 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
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.

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