Oakwood Terrace

872 Westminister Way, Charleston, West Virginia 25314

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Eligibility for Oakwood Terrace

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 Charleston but actual income limits may differ for units at Oakwood Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,800	$19,720	$24,860	$30,000	$35,140	$40,280	$43,600	$46,400
50%	$24,650	$28,150	$31,650	$35,150	$38,000	$40,800	$43,600	$46,400
80%	$39,350	$45,000	$50,600	$56,200	$60,700	$65,200	$69,700	$74,200

Oakwood Terrace Details

152 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 236

Property Amenities

Community Room
Library
Computer Room
Game Room

Unit Amenities

Central Air

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.