Oakland Preserve Apartments

About This Building

Number of Apartments Available at Oakland Preserve Apartments: - Total Apartments: 80 - One Bedroom (1 bdrm) Apartments: 12 - Two Bedroom (2 bdrm) Apartments: 48 - Three Bedroom (3 bdrm) Apartments: 20 Family Apartments at Oakland Preserve Apartments: - Oakland Preserve Apartments offers apartment properties under the Section 42, LIHTC (Low Income Tax Credit) program. - The rents are based on the Area Medium Income (AMI) and tenant-based utility allowances. - At least 20% of these apartments must provide low rates for low-income tenants. - The program is designed for individuals and families with moderate incomes, allowing below-market rents for those who qualify. - It is not a subsidized housing program, as each resident is responsible for their full amount of rent each month. - Rental amounts are based on the pre-set income limits in the geographic area and not based on your individual household income. - To be income eligible, your total household gross income must be less than the pre-set income limit for the area. Important information: Waiting Lists: - Most low income apartments have waiting lists. - Some of these lists can take years until you can be called for openings. - The key is to try to get on as many waiting lists as possible. Call The Apartments Directly: - We provide phone numbers and websites. - Call the apartments directly if they have openings or open waiting lists. Apartment Rates: - We provide current apartment rates on many listing pages. - Most HUD listings do not have published rates. - They are based on 30% of the renters adjustable gross income. - You will need to contact the apartments to determine if you qualify for income based rent. Overall, Oakland Preserve Apartments offers various types of apartments, including one-bedroom, two-bedroom, and three-bedroom options. These apartments are part of a program that aims to provide affordable housing to individuals and families with moderate incomes. It is important to note that there may be waiting lists for these apartments, and it is recommended to contact the apartments directly for more information on availability and rental rates.