Willow Oak Run

2908 Turning Oak Dr, Charlotte, North Carolina 28208

Willow Oak Run, located at 2908 Turning Oak Dr in Charlotte, has two and three bedroom apartments. Willow Oak Run participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - From $285 To $647
3 Bedroom (3/2) - From $324 To $732

Willow Oak Run Details

  • 85 two and three bedroom units.
  • $30.00 application fee
  • Water and Sewer utilities included in rent
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Community Room
  • 24hr Emergency Maintenance
  • Walking Trails
  • Computer Room
  • Laundry Facility

Unit Amenities

  • Dishwasher
  • Washer/Dryer Hookup
  • Cable Ready
  • Walk-in Closet(s)
  • Sewer Included
  • Water Included

About Willow Oak Run

Just minutes from Uptown Charlotte, Willow Oak Run Apartments offer residents the choice between two and three bedroom floorplans.

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.

Charlotte 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 Charlotte but actual income limits may differ for units at Willow Oak Run.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,650 $31,600 $35,550 $39,500 $42,700 $45,850 $49,000 $52,150
Low Income (60%) $33,180 $37,920 $42,660 $47,400 $51,240 $55,020 $58,800 $62,580

Willow Oak Run was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Willow Oak Run is managed by United Property Management.

Image of Willow Oak Run
Image of Willow Oak Run

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