Tice Oaks

About This Building

Affordable Housing Option in Walnut Creek, CA: Tice Oaks Apartments Introduction: Seeking an affordable housing option in Walnut Creek, CA? Look no further! Tice Oaks Apartments, supported by the Low-Income Housing Tax Credit (LIHTC) program, offers rental apartments that cater to low income individuals and families. LIHTC Program and Rent Restrictions: The LIHTC program incentivizes builders and developers to provide affordable housing for those with low income. As a result, the maximum rent charged at Tice Oaks Apartments is determined by the Area Median Income (AMI). Considerations for Low Income Individuals: While Tice Oaks Apartments strive to offer affordable housing, the AMI-based rent structure may render it unaffordable for low income individuals. To ascertain affordability, we recommend checking the current rental rates before proceeding with an application. Apartment Details: Tice Oaks Apartments houses a total of 90 one-bedroom apartments specifically designed for low income residents. Due to the demand for affordable housing, waiting lists are common in most apartment complexes. Application Process: To determine eligibility and availability for residency at Tice Oaks Apartments, we encourage you to contact the administration directly using the provided phone number. Our aim is to streamline the application process and help you ascertain whether you qualify for this housing option. Acceptance of HUD Subsidies: Tice Oaks Apartments gladly accepts HUD subsidies, further expanding the possibilities for those seeking low income housing. For qualifying individuals, the rent is based on 30% of their Adjusted Gross Income. For more information regarding this subsidy, please contact us for detailed explanations. Apartment Configurations: Tice Oaks Apartments offers not only one-bedroom units but also features two-bedroom apartments for those with specific needs or preferences. We believe in accommodating a diverse group of individuals and families, tailoring our housing options to their unique requirements. Conclusion: In Walnut Creek, CA, Tice Oaks Apartments stands as an affordable housing option under the LIHTC program. With a range of one and two-bedroom apartments available, we strive to address the housing needs of low income individuals, backed by the acceptance of HUD subsidies. Contact us today to inquire about eligibility and secure your place at Tice Oaks Apartments.