Kareday Terrace Apartments

99 Wilberforce Ave, Oak Ridge, Tennessee 37830

Kareday Terrace Apartments, located at 99 Wilberforce Ave in Oak Ridge, has one bedroom apartments. Kareday Terrace Apartments participates in the Section 8 Project-Based Rental Assistance program.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 400 Income Based

Kareday Terrace Apartments Details

  • 56 one bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Community Room
  • 24hr Emergency Maintenance
  • On-Site Management
  • Resident Service Coordinator
  • On-Site Maintenance
  • Personal 24-hour emergency call system
  • On-site Laundry

Unit Amenities

  • Cable Ready
  • Sewer Included
  • Water Included

About Kareday Terrace Apartments

Kareday Terrace Apartments offer a 1 bedroom apartment. This community supports seniors 62 and over and disabled and handicapped regardless of age.

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. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Oak Ridge 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 Oak Ridge but actual income limits may differ for units at Kareday Terrace Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,700 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
80% $39,150 $44,750 $50,350 $55,900 $60,400 $64,850 $69,350 $73,800

These general income qualifications for Oak Ridge, Tennessee should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Kareday Terrace Apartments receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Kareday Terrace Apartments is managed by Emerald Housing Management.

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