Sheldon Oak Apartments

90 Charter Oak Ave, Hartford, Connecticut 06106

Sheldon Oak Apartments just received a facelift! The seventy-two attractive, two, three, and four-bedroom townhouse-style apartments are linked to the downtown district by Pulaski Mall, which runs from the Sheldon Oak II Resource Center to Main Street. From your new home you are just steps from the Hartford Public Library, Wadsworth Athenaeum, Bushnell Park, and Downtown Hartford. 

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom One Bath (2/1) 934 From $900
Three Bedroom One Bath (3/1) 1,031 From $950
Four Bedroom One in a half Bath (4/1.5) 1,225 From $1,167

Sheldon Oak Apartments Details

  • 72 two, three and four bedroom units.
  • Scattered Sites
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • On-Site Management
  • On-Site Parking
  • Landscaping
  • Snow Removal
  • Smoke Free

Unit Amenities

  • Washer/Dryer Hookup
  • Walk-in Closet(s)
  • Water Trash and Sewer Included

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Hartford Low-Income Housing Tax Credit Income Limits

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 Hartford but actual income limits may differ for units at Sheldon Oak Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850
Low Income (60%) $43,860 $50,100 $56,340 $62,580 $67,620 $72,600 $77,640 $82,620

Sheldon Oak Apartments is managed by Sheldon Oak.

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