33 Oak Apartments

333 SW Oak St, Portland, Oregon 97204

An affordable housing solution for seniors 62+!

333 Oak Apartments is an historic building designed especially for seniors 62+. In a convenient Downtown Portland location, 333 Oak Apartments offers spacious studio and one bedroom apartments.

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Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 340 From $450
One Bed One Bath (1/1) 450 From $600

33 Oak Apartments Details

  • 90 0 and one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 New Construction

Property Amenities

  • Pet Friendly

Unit Amenities

  • Refrigerator
  • Oven and Range
  • Water Trash and Sewer Included

Nearby Amenities

  • Close to Public Transportation
  • Near Shopping
  • Near Restaurants

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-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.

Portland 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 Portland but actual income limits may differ for units at 33 Oak Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,850 $38,700 $43,550 $48,350 $52,250 $56,100 $60,000 $63,850
Low Income (60%) $40,620 $46,440 $52,260 $58,020 $62,700 $67,320 $72,000 $76,620

33 Oak Apartments is managed by Cascade Management, Inc.

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