Oak Tree Village

88 Preston Road, Griswold, CT 06351

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley, Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	-

This project has been funded and will begin construction soon.

Construction is expected to begin Fall of 2019. First residents will be welcomed into the community at the end of 2020.

Oak Tree Village is a recently constructed residential community in that offers one and two bedroom units. Every apartment boasts numerous new features, including vinyl plank flooring, energy-efficient appliances, modern lighting, and additional closet space. Their community was meticulously planned and situated within close proximity to entertainment options such as the Foxwood Casino, shopping, and recreational activities. Along with the well-groomed grounds, their community offers on-site management professionals, laundry facilities, a mail/package room, a secure bike room, and a community room suitable for hosting a variety of activities.

Dave's Thoughts On Oak Tree Village

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Oak Tree Village does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Oak Tree Village Amenities

Controlled Access
Elevator
Fitness Center
Playground
On-Site Manager
Off-Street Parking
Gated Community
Air Conditioning
Dishwasher
Garbage Disposal
Microwave
Cable Ready
Window Coverings
Refrigerator
Oven and Range
Extra Storage
Bicycle Storage
On-Site Maintenance
Laundry Facilities
Energy Efficient Appliances
Large Closets

Units at Oak Tree Village

Unit (Bd/Ba)	Ft²	Rent
One Bed One Bath (1/1)	-	Call for Price^†
Two Bedroom One Bath (2/1)	-	Call for Price^†

Income Qualification for Oak Tree Village

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$47,650 / year	$54,450 / year	$61,250 / year	$68,050 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$47,650 / year	$54,450 / year	$61,250 / year	$68,050 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for LIHTC Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$47,650 / year	$54,450 / year	$61,250 / year	$68,050 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$47,650 / year	$54,450 / year	$61,250 / year	$68,050 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
50% AMI for PBRA Units	$40,150 / year	$45,900 / year	$51,650 / year	$57,350 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$57,180 / year	$65,340 / year	$73,500 / year	$81,660 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$57,180 / year	$65,340 / year	$73,500 / year	$81,660 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year
60% AMI for LIHTC Units	$48,180 / year	$55,080 / year	$61,980 / year	$68,820 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Oak Tree Village

Does Oak Tree Village have a waiting list?

Oak Tree Village 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 Oak Tree Village?

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 Oak Tree Village?

Oak Tree Village is managed by Vesta Corporation headquartered in Weatogue, Connecticut.

In addition to Oak Tree Village, how many other affordable housing properties (and units) are there in New London County?

In addition to Oak Tree Village, we list 90 other affordable properties in New London County. Learn about these properties here. Our data research shows that there are a total of 4092 affordable units in New London County.

When was the Oak Tree Village listing last updated?

Oak Tree Village listing on Affordable Housing Online was last updated on 05/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Oak Tree Village

12 Aspinook St Unit D

12 Aspinook St Unit D, Griswold, Connecticut 06351

^† Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.