Oak Forest Senior Villas

About This Building

Senior Villas in Oak Forest: Affordable Housing Option Located in Oakley, CA, Oak Forest Senior Villas offer low-income housing through the Low-Income Housing Tax Credit (LIHTC) program. Designed to assist individuals in need of affordable housing, these rental apartments come with program rent and income restrictions as set by LIHTC. Incentivizing builders and developers, LIHTC promotes the provision of affordable housing for low-income individuals, ensuring that the maximum rent charged is based on the Area Median Income (AMI). However, it's important to note that due to the AMI criteria, this apartment may still be considered unaffordable for some low-income individuals. To determine affordability, it is recommended to check the current rental rates. With a total of 43 low-income apartments available, demand is high, resulting in waiting lists for most apartments in the area. To apply and determine eligibility, we provide the contact information so you can get in touch with them directly. Overview of Available Apartments: 1. One-bedroom apartments 2. Two-bedroom apartments Final Thoughts: Low-Income Tax Credits for Affordable Housing When considering these apartments, it is essential to include and verify the income of all adults who are expected to reside in the unit at the application time. For additional details, please contact us for more information.