Shadey Oakes

800 S 4th Ave, Albert Lea, Minnesota 56007

Shadey Oakes Details

  • 129 units.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Albert Lea HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Albert Lea but actual income limits may differ for units at Shadey Oakes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,200 $17,400 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450

These general income qualifications for Albert Lea, Minnesota should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Shadey Oakes receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Shadey Oakes is managed by Housing and Redevelopment Authority of Albert Lea.

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