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Chandler Village Apartments

601 E 15th St, Chandler, Oklahoma 74834

Chandler Village Apartments, located at 601 E 15th St in Chandler, OK has one, two and three bedroom apartments. Chandler Village Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and Section 521 USDA Rental Assistance programs.

Contact Chandler Village Apartments

Units

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	650	Income Based
Two Bedroom (2/1)	800	Income Based
Three Bedroom (3/1)	1032	Income Based

Chandler Village Apartments Details

32 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance

Property Amenities

Playground
Pet Friendly

Unit Amenities

Handicapped Accessible
Washer/Dryer Hookup
Cable Ready
Central Heat & Air
Private Patio/Balcony

Office Hours

Day	Hours
Monday	9:00am-4:00pm
Tuesday	9:00am-4:00pm
Wednesday	9:00am-4:00pm
Thursday	9:00am-4:00pm
Friday	9:00am-4:00pm

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 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.

Chandler 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 Chandler but actual income limits may differ for units at Chandler Village Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$12,950	$17,240	$21,720	$26,200	$30,680	$35,160	$38,200	$40,700
50%	$21,600	$24,650	$27,750	$30,800	$33,300	$35,750	$38,200	$40,700
80%	$34,550	$39,450	$44,400	$49,300	$53,250	$57,200	$61,150	$65,100

Chandler 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 Chandler but actual income limits may differ for units at Chandler Village Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$21,600	$24,650	$27,750	$30,800	$33,300	$35,750	$38,200	$40,700
Low Income (60%)	$25,920	$29,580	$33,300	$36,960	$39,960	$42,900	$45,840	$48,840

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

Chandler Village Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Chandler Village Apartments has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Chandler Village Apartments is managed by Green Companies Development Group, Inc.