Fifty Oaks Apartments

501 E 2nd St, Rockport, Texas 78382

Contact Fifty Oaks Apartments

Fifty Oaks is a family affordable apartment community, within walking distance to Aransas Bay, dining and more. This community offers beautiful updated 1, 2, and 3 bedroom floorplans.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	601	Call for Price
2 Bedroom (2/2)	732	Call for Price
3 Bedroom (3/3)	895	Call for Price

Eligibility for Fifty Oaks 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 Rockport but actual income limits may differ for units at Fifty Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$15,300	$19,720	$24,860	$30,000	$35,140	$40,280
50%	$25,500	$29,150	$32,800	$36,400	$39,350	$42,250
80%	$40,800	$46,600	$52,450	$58,250	$62,950	$67,600

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 Rockport but actual income limits may differ for units at Fifty Oaks Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$25,500	$29,150	$32,800	$36,400	$39,350	$42,250
Low Income (60%)	$30,600	$34,980	$39,360	$43,680	$47,220	$50,700

Fifty Oaks Apartments Details

50 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
On-Site Parking

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

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.

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.