The Oaks is a 58-unit property built in 2005 and located in Triangle, VA.It is bounded to the south by the Quantico Marine Corps Base, which surrounds the town of Quantico. It is bounded to the north and west by the town of Dumfries. It is bounded to the west by Prince William Forest Park and to the east by the Potomac River. Triangle is just off I-95 and is located 8.5-miles south of Woodbridge, 28.5-miles south of Alexandria and 75-miles north of Richmond.
|One Bedroom (1/1)||-||Call for Price|
|Two Bedroom (2/1)||-||Call for Price|
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.
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 Triangle but actual income limits may differ for units at The Oaks.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$49,850||$56,950||$64,050||$71,150||$76,850||$82,550||$88,250||$93,950|
|Low Income (60%)||$59,820||$68,340||$76,860||$85,380||$92,220||$99,060||$105,900||$112,740|
The Oaks is managed by WinnCompanies.