Oaks At Ellenton Apartments

About This Building

Affordable Housing Options at Oaks At Ellenton Total Apartments: 168 - All apartments at Oaks At Ellenton provide affordable housing options for individuals and families. - Low Income Apartments: All 168 apartments are designated as low income apartments, offering below market rents for eligible tenants. - One Bedroom (1 bdrm) Apartments: 32 apartments are available for individuals or small families. - Two Bedroom (2 bdrm) Apartments: 88 apartments cater to slightly larger families. - Three Bedroom (3 bdrm) Apartments: 48 spacious apartments for larger families. Section 42, LIHTC Program - Oaks At Ellenton participates in the Section 42, LIHTC program, offering affordable housing through Low Income Tax Credits. - Rents are determined based on the Area Medium Income (AMI) and tenant based utility allowances. - At least 20% of the apartments are specifically designated for low-income tenants, ensuring affordable rates for those in need. Income Eligibility and Rent - The affordable housing program is open to individuals and families with moderate incomes. - Rent amounts are based on pre-set income limits in the geographic area and not on individual household income. - Total household 'gross' income must be below the pre-set income limit to qualify for the program. - Please contact the apartments directly to determine if you qualify for income-based rent. Waiting Lists and Contact Information - Please note that most low-income apartments have waiting lists, and it may take years to be called for vacancies. - To increase your chances, we recommend applying to multiple waiting lists. - Phone numbers and websites are provided for each apartment complex. Contact them directly to inquire about openings or waiting list availability. Apartment Rates - Current apartment rates are provided on many listing pages. - However, most HUD listings do not have published rates. - Rates for these listings are typically based on 30% of the renters' adjustable gross income. - For specific information about income-based rent qualification, please contact the apartments directly.