Mount Olive Senior Cottages

3856 N Kelley Avenue, Oklahoma City, Oklahoma 73111

Mount Olive Senior Cottages, located at 3856 N Kelley Avenue in Oklahoma City, OK has one and two bedroom apartments. Mount Olive Senior Cottages participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 750 Call for Price
2 Bedroom (2/1) 950 Call for Price

Mount Olive Senior Cottages Details

  • 60 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Electricity utility included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Computer Lab
  • Clubhouse
  • Walking Trails
  • Community Garden
  • Accessible Apartments

Unit Amenities

  • Utilities Included
  • Washer/ Dryer

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 Mount Olive Senior Cottages.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $25,650 $29,300 $32,950 $36,600 $39,550 $42,500 $45,400 $48,350

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 Mount Olive Senior Cottages.

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

Mount Olive Senior Cottages is managed by Urban League of Greater Oklahoma City, Inc..

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