University Crossing

105 West University Dr., Weatherford, Oklahoma 73096

This project has been funded and will begin construction soon.

University Crossing Details

  • 40 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance

Property Amenities

  • Playground
  • Snow Removal
  • Lawn Care
  • Laundry Facilities
  • Storm Shelter

Unit Amenities

  • Water Trash and Sewer Included

Office Hours

Day Hours
Monday 8:30am-5:00pm
Tuesday 8:30am-5:00pm
Wednesday 8:30am-5:00pm
Thursday 8:30am-5:00pm
Friday 8:30am-5:00pm

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.

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. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Weatherford 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 Weatherford but actual income limits may differ for units at University Crossing.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,800 $27,200 $30,600 $34,000 $36,750 $39,450 $42,200 $44,900
Low Income (60%) $28,560 $32,640 $36,720 $40,800 $44,100 $47,340 $50,640 $53,880

University Crossing is managed by Fulson Asset Management.

Image of University Crossing

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