293 Thomas Boulevard, Mcloud, OK 74851
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $803 per Month† | 3 - 4 Beds | 1 - 2 Baths | - |
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.
Heritage Park Homes III - Now Available! 3 & 4 bed, 2 bath, 2 car garage single family homes nestled in McLoud, OK. The homes are total electric and energy efficient with a large Master Suite with on suite bathroom, wood vinyl flooring, fully equipped kitchen that includes a dishwasher, microwave, garbage disposal, vent hood, refrigerator, stove/oven and washer and dryer hookups in every home. For your convenience there is an onsite manager and maintenance tech. The property amenities include three community playgrounds, gazebo, basketball court, volleyball court, two community centers that are available for tenant usage and much more!
The community is located right outside of downtown McLoud, and just north of McLoud high school. Wes Watkins Lake is just down the road, which is perfect for those hot summer days! Several nearby highways, such as I-40, allow for easy access to other major cities.
This community is in high demand! Call today to find out about our availability and waiting list options! We would also love to give you a tour of your future home! Income restrictions apply.
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 Heritage Park Homes III 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Three Bedroom (3/1) | - | Call for Price† |
| Four Bedroom (4/2) | 1564ft2 | $803† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,500 / year | $29,150 / year | $32,800 / year | $36,400 / year | $39,350 / year | $42,250 / year | $45,150 / year | $48,050 / year |
| 50% AMI for PBRA Units | $25,500 / year | $29,150 / year | $32,800 / year | $36,400 / year | $39,350 / year | $42,250 / year | $45,150 / year | $48,050 / year |
| 60% AMI for LIHTC Units | $30,600 / year | $34,980 / year | $39,360 / year | $43,680 / year | $47,220 / year | $50,700 / year | $54,180 / year | $57,660 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Heritage Park Homes III have a waiting list?
Heritage Park Homes III 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 Heritage Park Homes III?
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 Heritage Park Homes III?
Heritage Park Homes III is managed by Express Management Inc. headquartered in McKinney, TX.
In addition to Heritage Park Homes III, how many other affordable housing properties (and units) are there in Mcloud?
In addition to Heritage Park Homes III, we list 4 other affordable properties in Mcloud. Learn about these properties here. Our data research shows that there are a total of 247 affordable units in Mcloud.
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