3810 Oleander Dr, Myrtle Beach, SC 29557
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 Beds | 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Two bedroom units located in Myrtle Beach, SC for 55+ older.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Villas at Oleander does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
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| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,350 / year | $28,950 / year | $32,550 / year | $36,150 / year |
| 50% AMI for PBRA Units | $25,350 / year | $28,950 / year | $32,550 / year | $36,150 / year |
| 60% AMI for LIHTC Units | $30,420 / year | $34,740 / year | $39,060 / year | $43,380 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas at Oleander have a waiting list?
Villas at Oleander probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Villas at Oleander?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Villas at Oleander?
Villas at Oleander is managed by InterMark Management headquartered in Columbia, South Carolina.
In addition to Villas at Oleander, how many other affordable housing properties (and units) are there in Myrtle Beach?
In addition to Villas at Oleander, we list 50 other affordable properties in Myrtle Beach. Learn about these properties here. Our data research shows that there are a total of 1036 affordable units in Myrtle Beach.
3941 Halyard Way, Myrtle Beach, South Carolina 29579
200 Rittenhouse Rd Unit 33 , Myrtle Beach, South Carolina 29588
1339 Apache Dr , Myrtle Beach, South Carolina 29577
1223 Winchester Ct , Myrtle Beach, South Carolina 29577
1310 Pipers Pointe Ln , Myrtle Beach, South Carolina 29577
1300 Osceola St , Myrtle Beach, South Carolina 29577
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Michelle Eans says:
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