Oak Terrace - Bonifay

About This Building

Welcome to Oak Terrace: Affordable Housing in Bonifay, FL Discover a low-income housing option in Bonifay, FL at Oak Terrace. These rental apartments are proudly supported by the LIHTC program, ensuring affordable living for those in need. Incentivizing affordable housing, the LIHTC program encourages builders and developers to provide suitable homes for individuals with low income. However, it's important to note that the maximum rent is determined based on the AMI, or Area Median Income, which may pose affordability challenges for some residents. Please check the current rental rates to determine if this option suits your needs. Within Oak Terrace, you'll find 18 cozy one-bedroom apartments designed specifically for low-income individuals. As demand for such housing is high, waiting lists are common. To explore your eligibility for residency, we urge you to reach out to Oak Terrace directly using the provided contact information below. Hours of operation: - Wednesday: 8 AM - 5 PM TIP: Understanding LIHTC (Low-Income Tax Credit) Units for Rent When applying for residence at Oak Terrace, it's essential that the income of all adults planning to reside in the apartment is included and verified. Contact us today for more details on this requirement. Explore the Comfort of Our 1-Bedroom Apartments At Oak Terrace, we offer comfortable 1-bedroom apartments to suit your needs. Experience affordable living without compromising on quality. Reach out to us today to learn more.