Oak Forest Apartments

3614 Pine Oak Ave SW, Wyoming, Michigan 49509

Oak Forest Apartments, located at 3614 Pine Oak Ave SW in Wyoming, MI has 0 bedroom apartments. Oak Forest Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
3 Bedroom (3/2) 1100 Call for Price

Oak Forest Apartments Details

  • 12 0 bedroom units.
  • $30.00 application fee
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • High Speed Internet Access

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Cable Ready
  • Refrigerator
  • Oven and Range
  • 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.

Wyoming 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 Wyoming but actual income limits may differ for units at Oak Forest Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,000 $32,000 $36,000 $40,000 $43,200 $46,400 $49,600 $52,800
Low Income (60%) $33,600 $38,400 $43,200 $48,000 $51,840 $55,680 $59,520 $63,360

Nearby Low Income Apartment Communities

Pine Oak Apartments

850 36th St SW
Wyoming, Michigan
$669
1 BR