Four Oaks Village Apartments
105 Keen Rd, Four Oaks, North Carolina 27524
Four Oaks Village Apartments, located at 105 Keen Rd in Four Oaks, NC has one and two bedroom apartments. Four Oaks Village Apartments participates in the Low-Income Housing Tax Credit (LIHTC), Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price |
| 2 Bedrooms (2/1) | - | Call for Price |
Eligibility for Four Oaks Village Apartments
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 Four Oaks but actual income limits may differ for units at Four Oaks Village Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $23,800 | $27,200 | $30,600 | $34,000 | $36,750 | $40,280 | $45,420 | $50,560 |
| 50% | $39,700 | $45,350 | $51,000 | $56,650 | $61,200 | $65,750 | $70,250 | $74,800 |
| 80% | $63,500 | $72,550 | $81,600 | $90,650 | $97,950 | $105,200 | $112,450 | $119,700 |
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 Four Oaks but actual income limits may differ for units at Four Oaks Village Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $39,700 | $45,350 | $51,000 | $56,650 | $61,200 | $65,750 | $70,250 | $74,800 |
| Low Income (60%) | $47,640 | $54,420 | $61,200 | $67,980 | $73,440 | $78,900 | $84,300 | $89,760 |
Contact Four Oaks Village Apartments
Four Oaks Village Apartments is managed by Boyd Management.
Four Oaks Village Apartments Details
- 24 one and two bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- Section 515 Rural Rental Housing
- Section 521 USDA Rental Assistance
Office Hours
| Day | Hours |
|---|---|
| Tuesday | 9:00am-5:00pm |
| Thursday | 9:00am-5:00pm |
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.
Section 515 Rural Rental Housing
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
Section 521 USDA Rental Assistance
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
Nearby Low Income Apartment Communities like Four Oaks Village Apartments
© 2002-2023 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.
