Three Oaks Apartments

200 Three Oaks Rd, Cowpens, South Carolina 29330

Three Oaks Apartments offer 52 units with 1-3 bedrooms for families located in the town of Cowpens,SC.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/0) - Call for Price
Two Bedroom (2/0) - Call for Price
Three Bedroom (3/0) - Call for Price

Three Oaks Apartments Details

  • 52 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • Landscaping

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Cowpens 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 Cowpens but actual income limits may differ for units at Three Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,700 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% $26,150 $29,900 $33,650 $37,350 $40,350 $43,350 $46,350 $49,350
80% $41,850 $47,800 $53,800 $59,750 $64,550 $69,350 $74,100 $78,900

Cowpens 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 Cowpens but actual income limits may differ for units at Three Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,150 $29,900 $33,650 $37,350 $40,350 $43,350 $46,350 $49,350
Low Income (60%) $31,380 $35,880 $40,380 $44,820 $48,420 $52,020 $55,620 $59,220

Three Oaks Apartments is managed by Boyd Management.

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Image of Three Oaks Apartments
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