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Oak Meadows Townhomes
200 Maple St, Commerce, Texas 75428
Oak Meadows is an affordable community created for families like yours. Within the beautiful landscaped grounds, Oak Meadows Townhomes offers a serene, peaceful atmosphere. With a sparkling community pool and colorful playground, there is activity for the entire family. One step inside our distinctive 1,2 and 3 bedroom flats reveals spacious, comfortable floor plans that are highlighted by light and contemporary colors. With families in mind, Oak Meadows Townhomes offers full size washer/dryer connections as a standard feature along with energy efficient design. Discover our affordable lifestyle with the amenities you deserve.
Oak Meadows Townhomes is accepting applications and does not have a waiting list.
Last updated on February 26th, 2018
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 755 | From $659 To $705 |
| Two Bedroom (2/2) | 996 | From $784 To $810 |
| Three Bedroom (3/2) | 1149 | From $840 To $860 |
Oak Meadows Townhomes Details
- 72 0, 0 and 0 bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Fitness Center
- Playground
- Basketball Court
- BBQ/Picnic Area
- Clubhouse
- Pool
- Pet Friendly
- Open Parking
Office Hours
| Day | Hours |
|---|---|
| Monday | 8:00am-5:00pm |
| Tuesday | 8:00am-5:00pm |
| Wednesday | 8:00am-5:00pm |
| Thursday | 8:00am-5:00pm |
| Friday | 8:00am-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.
Commerce 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 Commerce but actual income limits may differ for units at Oak Meadows Townhomes.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $30,200 | $34,500 | $38,800 | $43,100 | $46,550 | $50,000 | $53,450 | $56,900 |
| Low Income (60%) | $36,240 | $41,400 | $46,560 | $51,720 | $55,860 | $60,000 | $64,140 | $68,280 |
Oak Meadows Townhomes is managed by Quest Asset Management.
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