Kareday Terrace Apartments

99 Wilberforce Ave, Oak Ridge, Tennessee 37830

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

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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.
  • Section 8 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

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.

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% $15,350 $17,550 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $25,550 $29,200 $32,850 $36,500 $39,450 $42,350 $45,300 $48,200
80% $40,900 $46,750 $52,600 $58,400 $63,100 $67,750 $72,450 $77,100

Kareday Terrace Apartments is managed by Emerald Housing Management.

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