Lake Merritt Apartments Oakland

About This Building

Lake Merritt Apartments Oakland: Affordable Housing Option in Oakland, CA -Overview- Welcome to Lake Merritt Apartments, a Low-Income Housing Tax Credit (LIHTC) apartment complex conveniently located in Oakland, CA. If you are seeking an affordable housing solution, our rental apartments are supported by the LIHTC program, meaning they adhere to specific rent and income restrictions. -Incentivizing Affordable Housing- The LIHTC program provides incentives to builders and developers aiming to offer affordable housing options to low-income individuals. As a result, the maximum rent charged for our apartments is based on the Area Median Income (AMI). However, please be aware that this AMI calculation may still make these apartments unaffordable for some low-income individuals. We advise checking the current rental rates to determine affordability for you. -Availability and Contact- At Lake Merritt Apartments, we offer 54 low-income apartments. As with most apartments, waiting lists are common. For your convenience, we provide direct contact information below so you can inquire about applying and qualifying to live in our community: -Office Hours- Monday - Friday: 9:00 am - 6:00 pm Saturday: 9:00 am - 5:00 pm Sunday: Closed -Knowing About LIHTC Units for Rent- It is important to note that when applying for residency at Lake Merritt Apartments, the income of all expected adult residents must be included and verified. For additional details, please call and inquire. -Apartment Options- We offer both 1 bedroom and 2 bedroom apartments at our location, catering to different needs and preferences. By restructuring the text and adding headings, the rewritten text becomes more organized and easier to read.