1432 Northeast 7th Street, Oklahoma City, OK 73117
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | 595 - 695 Sq Ft |
This property is currently under construction.
Dunbar Commons is a 62+ senior community offers spacious 1 and 2-bedroom apartments, located just minutes from downtown Oklahoma City and the medical community including OU Medical Center Hospital, Oklahoma City VA Health Care System, and the Children's Hospital. The renovated historic apartments have custom layouts and unique features such as built-ins, vaulted ceilings, and restored windows, providing incredible natural lighting. In addition, residents can enjoy amenities such as a fitness center, a community room with activities and socials, and a picnic area with raised gardens. Call today to find out if you qualify for our affordable rates! Don't miss this wonderful opportunity to call Dunbar Commons - home!
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 Dunbar Commons 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 |
---|---|---|
1 Bedroom (1/1) | 595ft2 | Call for Price† |
2 Bedroom (2/1) | 695ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $30,100 / year | $34,400 / year | $38,700 / year | $43,000 / year |
50% AMI for PBRA Units | $30,100 / year | $34,400 / year | $38,700 / year | $43,000 / year |
60% AMI for LIHTC Units | $36,120 / year | $41,280 / year | $46,440 / year | $51,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Dunbar Commons have a waiting list?
Dunbar Commons 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 Dunbar Commons?
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 Dunbar Commons?
Dunbar Commons is managed by The Commonwealth Companies headquartered in Fond du Lac, WI.
In addition to Dunbar Commons, how many other affordable housing properties (and units) are there in Oklahoma City?
In addition to Dunbar Commons, we list 212 other affordable properties in Oklahoma City. Learn about these properties here. Our data research shows that there are a total of 8665 affordable units in Oklahoma City.
10735 N Western Ave , Oklahoma City, Oklahoma 73114
7507 S Ross Ave , Oklahoma City, Oklahoma 73159
7533 NW 6th St., Oklahoma City, Oklahoma 73127
1401 SW 89th St, Oklahoma City, Oklahoma 73159
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