35 Camille Way, Lincoln, AL 35096
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Colleen Carter, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Red Oak Ridge is an affordable community offering 2-bedroom and 3-bedroom apartment homes. Each unit features ceiling fans, a dishwasher, ice maker, and washer/dryer connections. Property amenities include a community room, computer lab, fitness center, on-site laundry facility, and playground.
Because Red Oak Ridge Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | Call for Price† |
Three Bedroom (3/2) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $22,850 / year | $26,100 / year | $29,350 / year | $32,600 / year | $35,250 / year | $37,850 / year |
50% AMI for PBRA Units | $22,850 / year | $26,100 / year | $29,350 / year | $32,600 / year | $35,250 / year | $37,850 / year |
60% AMI for LIHTC Units | $27,420 / year | $31,320 / year | $35,220 / year | $39,120 / year | $42,300 / year | $45,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Red Oak Ridge Apartments have a waiting list?
Red Oak Ridge Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Red Oak Ridge Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Red Oak Ridge Apartments?
Red Oak Ridge Apartments is managed by The Morrow Companies headquartered in Tuscaloosa, AL.
In addition to Red Oak Ridge Apartments, how many other affordable housing properties (and units) are there in Talladega County?
In addition to Red Oak Ridge Apartments, we list 38 other affordable properties in Talladega County. Learn about these properties here. Our data research shows that there are a total of 2516 affordable units in Talladega County.
194 Hood Ave, Lincoln, Alabama 35096
Looking for housing as soon as possible?
Applying for waiting lists with preferences that you qualify for may help shorten the wait for available housing.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."