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Parkland Town Homes

1823 Sherry Ln, Prague, Oklahoma 74864

Parkland Town Homes, located at 1823 Sherry Ln in Prague, OK has two bedroom apartments. Parkland Town Homes participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 1000 $405

Parkland Town Homes Details

  • 24 two bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Smoke Free
  • Pet Friendly

Unit Amenities

  • Water Trash and Sewer Included
  • Fully Equipped Kitchen
  • Washer/ Dryer
  • Private Patios

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.

Prague 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 Prague but actual income limits may differ for units at Parkland Town Homes.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $22,500 $25,700 $28,900 $32,100
Low Income (60%) $27,000 $30,840 $34,680 $38,520

Parkland Town Homes is managed by Excel Development Group.

Image of Parkland Town Homes

Nearby Low Income Apartment Communities

Prague Village Apartments

2209 8th St
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