1000 Oak Grove Rd., Fort Worth, TX 76115
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 751 - 1,154 Sq Ft |
This property is currently under construction.
With premium finishes and wide-open spaces, each floor plan from Palladium Oak Grove brings you unparalleled luxury without sacrificing on comfort. Fort Worth hotspots such as 7th street, Magnolia, and Sundance Square infuse Palladium Oak Grove with vibrant energy. Purely contemporary, the beautiful community playfully highlights the structure of the grounds and community attractions such as the resort pool, conference room and fitness center.
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 Palladium Oak Grove 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 751ft2 | Call for Price† |
| Two Bedroom (2/2) | 950ft2 | Call for Price† |
| Three Bedroom (3/2) | 1154ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,500 / year | $38,300 / year | $43,100 / year | $47,850 / year | $51,700 / year | $55,550 / year |
| 50% AMI for PBRA Units | $33,500 / year | $38,300 / year | $43,100 / year | $47,850 / year | $51,700 / year | $55,550 / year |
| 60% AMI for LIHTC Units | $40,200 / year | $45,960 / year | $51,720 / year | $57,420 / year | $62,040 / year | $66,660 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Palladium Oak Grove have a waiting list?
Palladium Oak Grove 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 Palladium Oak Grove?
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 Palladium Oak Grove?
Palladium Oak Grove is managed by Palladium Management headquartered in Dallas, Texas.
In addition to Palladium Oak Grove, how many other affordable housing properties (and units) are there in Fort Worth?
In addition to Palladium Oak Grove, we list 291 other affordable properties in Fort Worth. Learn about these properties here. Our data research shows that there are a total of 18101 affordable units in Fort Worth.
When was the Palladium Oak Grove listing last updated?
Palladium Oak Grove listing on Affordable Housing Online was last updated on 04/16/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Increase your chances of getting on a waiting list.
You can apply to as many open waiting lists as you want! Look for online applications for easier access to more waiting lists.Rose Carr says:
"Affordable Housing Online is a great resource to finding Section 8 waitlists that are open!"