Silas Oaks Live Oak

About This Building

Live Oak Apartments: Affordable Housing Option in Live Oak, FL Introduction: Situated in Live Oak, FL, Silas Oaks Live Oak offers Low-Income Housing Tax Credit (LIHTC) apartments that are perfect for those seeking affordable housing. Supported by the LIHTC program, these rental apartments come with rent and income restrictions, ensuring accessibility to low-income individuals and families. Understanding LIHTC: The LIHTC program provides incentives to builders and developers to create affordable housing options for those with low incomes. It regulates the maximum rent charged based on the Area Median Income (AMI), which can make the apartment unaffordable for some low-income individuals. Affordability Considerations: Before making a decision, it is essential to check the current rental rates to determine if the apartment aligns with your budget. While Silas Oaks Live Oak endeavors to provide affordable housing, the AMI-based rent structure may still pose challenges for low-income individuals. Apartment Details: With a total of 110 low-income apartments available, Silas Oaks Live Oak offers a range of options. The apartments consist of one bedroom, two bedrooms, and three bedrooms, catering to diverse housing needs. Waiting Lists: Typically, demand for affordable housing exceeds the availability. As a result, there may be waiting lists for these apartments. To explore your eligibility and inquire about the application process, contact Silas Oaks Live Oak directly using the provided phone number. Considerations for Application: To ensure accurate evaluation, the income of all adults expected to reside in the apartment must be included and verified during the application process. For more detailed information and specific requirements, please reach out to the provided contact. Conclusion: For those looking for affordable housing options in Live Oak, FL, Silas Oaks Live Oak offers LIHTC apartments supported by the applicable program rent and income restrictions. By contacting them directly, you can explore the possibility of applying and qualifying to live in these low-income apartments.