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London Square Village

7533 NW 6th St., Oklahoma City, Oklahoma 73127

Very peacefula and clean affordable housing apartment family community located in center of Oklahoma City. Close to I40, shopping, restaurants, schools, park and public transportation. On site laundry facility and management office. Please contact site manager for more details.

Contact London Square Village

Message London Square Village

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/2) - Call for Price
Two Bedroom (2/2) - Call for Price
Three Bedroom (3/2) - Call for Price

London Square Village Details

  • 200 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Laundry Room

Unit Amenities

  • Air Conditioning
  • All Appliances included
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Private Entrance

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Library
  • Near Park
  • Near Schools

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

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.

Oklahoma City 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 Oklahoma City but actual income limits may differ for units at London Square Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,400 $17,600 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $25,650 $29,300 $32,950 $36,600 $39,550 $42,500 $45,400 $48,350
80% $41,000 $46,850 $52,700 $58,550 $63,250 $67,950 $72,650 $77,300

Oklahoma City 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 Oklahoma City but actual income limits may differ for units at London Square Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,650 $29,300 $32,950 $36,600 $39,550 $42,500 $45,400 $48,350
Low Income (60%) $30,780 $35,160 $39,540 $43,920 $47,460 $51,000 $54,480 $58,020

London Square Village is managed by The Michaels Organization.

Image of London Square Village

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