1410 West Willow Road, Enid, OK 73703
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
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Call for Rents† | Floorplan Info Upon Request | - | - |
This project has been funded and will begin construction soon.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Commons on Willow does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
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50% AMI for LIHTC Units | $27,550 / year | $31,450 / year | $35,400 / year | $39,300 / year | $42,450 / year | $45,600 / year | $48,750 / year | $51,900 / year |
50% AMI for PBRA Units | $27,550 / year | $31,450 / year | $35,400 / year | $39,300 / year | $42,450 / year | $45,600 / year | $48,750 / year | $51,900 / year |
60% AMI for LIHTC Units | $33,060 / year | $37,740 / year | $42,480 / year | $47,160 / year | $50,940 / year | $54,720 / year | $58,500 / year | $62,280 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Commons on Willow have a waiting list?
Commons on Willow 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 Commons on Willow?
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.
What property management company manges Commons on Willow?
Commons on Willow is managed by Belmont Management Company
In addition to Commons on Willow, how many other affordable housing properties (and units) are there in Enid?
In addition to Commons on Willow, we list 22 other affordable properties in Enid. Learn about these properties here. Our data research shows that there are a total of 776 affordable units in Enid.
212 West Birch Avenue, Enid, Oklahoma 73701
6102 W Chestnut Ave, Enid, Oklahoma 73703
712 East Oklahoma Avenue, Enid, Oklahoma 73701
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Have documentation ready that shows you qualify for a waiting list's preferences.Hisini Davis says:
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