Oasis West Apartments Camelback West
5235 N 43rd Ave
Phoenix, Maricopa County, Arizona 85019

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Funding Programs

Oasis West Apartments camelback West was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 1998. The property was placed in service in 2000. 100 of 100 units at Oasis West Apartments camelback West are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

Overview

Oasis West Apartments camelback West is an affordable apartment community located in Phoenix, Arizona which is located in Maricopa County. The property is located in Arizona's 6th Congressional District served by Representative David Schweikert (R), Senator John McCain (R) and Senator Jeff Flake (R).

Oasis West Apartments camelback West is an apartment community containing 100 rental units. The property contains 200 bedrooms and based on typical apartment occupancy limits, Oasis West Apartments camelback West is home to not more than 390 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Oasis West Apartments camelback West contains a mix of 100 assisted one, two, and three bedroom apartments for rent. There are 20 One Bedroom, 60 Two Bedroom, and 20 Three Bedroom apartments in this property. The unit mix is 20% One Bedroom, 60% Two Bedroom, and 20% Three Bedroom apartment rentals. The average bedroom size for Oasis West Apartments camelback West is 2.

Arizona's 6th

Congressional District

100

Total Units

100

Tax Credit Units

One, Two, and Three

Unit Mix

2

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data