Park Ridge and Brookstone Park of Durant

815 Gerlach Dr, Durant, OK 74701

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Dave's Thoughts On Park Ridge and Brookstone Park of Durant

Because Park Ridge and Brookstone Park of Durant participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Park Ridge and Brookstone Park of Durant

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $24,000 / year $27,400 / year $30,850 / year $34,250 / year $37,000 / year $39,750 / year $42,500 / year $45,250 / year
50% AMI for PBRA Units $24,000 / year $27,400 / year $30,850 / year $34,250 / year $37,000 / year $39,750 / year $42,500 / year $45,250 / year
60% AMI for LIHTC Units $28,800 / year $32,880 / year $37,020 / year $41,100 / year $44,400 / year $47,700 / year $51,000 / year $54,300 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Park Ridge and Brookstone Park of Durant

Does Park Ridge and Brookstone Park of Durant have a waiting list?

Park Ridge and Brookstone Park of Durant probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Park Ridge and Brookstone Park of Durant?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Park Ridge and Brookstone Park of Durant, how many other affordable housing properties (and units) are there in Durant?

In addition to Park Ridge and Brookstone Park of Durant, we list 10 other affordable properties in Durant. Learn about these properties here. Our data research shows that there are a total of 524 affordable units in Durant.

Listings Near Park Ridge and Brookstone Park of Durant

Dixon Park

1224 North 1st Avenue, Durant, Oklahoma 74701

Itek Tuchena

4085 Choctaw Rd, Durant, Oklahoma 74701

First Street Apartments II

3131 N 1st Ave, Durant, Oklahoma 74701

Lindenwoods Townhomes

2706 Thomas Way, Durant, Oklahoma 74701

Timber Ridge

1st Wilson and Woodlawn Sts, Durant, Oklahoma 74701

Larkspur Village

1511 Larkspur Ln, Durant, Oklahoma 74701

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.