River Oaks Apartments

5324 Bush River Rd, Columbia, South Carolina 29212

River Oaks Apartments is a wonderful place to call HOME! We welcome you to experience our spacious 1, 2 & 3 bedroom apartments. River Oaks Apartment Community is located near Columbiana Mall, Wal-Mart, Target as well as other stores... not to mention we are just minutes from downtown Columbia. Call today for more information!

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 574 Call for Price
Two Bedroom (2/1) 769 Call for Price
Three Bedroom (3/2) 1033 Call for Price

River Oaks Apartments Details

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

Property Amenities

  • Clubhouse
  • 24hr Emergency Maintenance
  • On-Site Parking

Unit Amenities

  • Air Conditioning
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Cable Ready
  • Walk-in Closet(s)
  • Spacious Closets
  • Carpet

Nearby Amenities

  • 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. 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.

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.

Columbia 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 Columbia but actual income limits may differ for units at River Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,200 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $25,250 $28,850 $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
80% $40,400 $46,200 $51,950 $57,700 $62,350 $66,950 $71,550 $76,200

Columbia 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 Columbia but actual income limits may differ for units at River Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,250 $28,850 $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
Low Income (60%) $30,300 $34,620 $38,940 $43,260 $46,740 $50,220 $53,700 $57,120

River Oaks Apartments is managed by Asset Management .

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